Examlex
In answering which of the following questions would you find it necessary to calculate a present value?
Random Sample
A subset of individuals chosen from a larger set or population, where each individual has an equal chance of being selected.
Proportional Sample
A sampling method in statistical research where the sample size from each subgroup is proportional to the overall proportions of those subgroups in the total population.
Representative Sample
A segment of a population that accurately represents the attributes of the total population.
Random Sample
A sampling method where each member of a population has an equal chance of being included in the sample, reducing bias and increasing the generalizability of results.
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