Bias Can Occur in Sampling.Bias Refers to _____________________

question 19

Multiple Choice

Bias can occur in sampling.Bias refers to _____________________.

• A)The division of the population into overlapping groups
• B)The creation of strata,which are proportional to the stratum's size
• C)The use of cluster sampling instead of stratified random sampling
• D)The tendency of a sample statistic to systematically over- or underestimate a population parameter

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Definitions:

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.

Incremental Cost

The additional cost incurred to produce one more unit of a product or service.

Accounts Receivables

The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

Cash Inflows

Money or value entering a company, often from operations, financing, or investing activities, contributing to the company's cash position.