A Sample That Is Not Representative Is Said to Be

question 94

Multiple Choice

A sample that is not representative is said to be

• A)generalizable.
• B)truly random.
• C)random.
• D)biased.

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Definitions:

Internal Rate of Return

The discount rate that makes the net present value (NPV) of all cash flows (both positive and negative) from a particular project or investment equal to zero.

Required Return

The smallest percentage of annual gain required from an investment to attract individuals or corporations to fund a certain project or venture.

Wealth

The abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions.

Discounted Payback

The period of time it takes for the sum of the discounted cash flows to pay back the initial investment.