A Probability Sampling Plan in Which Each Unit Continues to Have

question 12

Multiple Choice

A probability sampling plan in which each unit continues to have the same exact probability of being sampled every time a unit is chosen is an example of

• A) unbiased sampling.
• B) sampling without replacement.
• C) sampling with replacement.
• D) stratified sampling without replacement.

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Definitions:

Normally Distributed

A statistical distribution where data is symmetrically distributed around the mean, resembling the shape of a bell curve.

Straight Bond Value

The present value of future cash flows, such as interest payments and the return of principal, from a bond with no embedded options.

Convertible Bond

This bond offers the option to be exchanged for a set amount of the company's shares at various points during its term, often at the preference of the individual holding the bond.

Straight Bond Value

The value of a bond that pays fixed interest payments until maturity and repays the principal amount without any embedded options, traded purely on interest rate and credit quality.