What Impact Will There Be on Sample Size When There

question 69

Multiple Choice

What impact will there be on sample size when there is an increase in the number of sampling units in the population?

• A) increase
• B) decrease
• C) negligible
• D) none of the above

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Definitions:

Net Income

The remaining profit for a company after subtracting total expenses, taxes, and costs from its total income.

Items Count

A measure or total of individual things or components.

Physical Inventory

The process of counting all physical goods and materials a company has in stock at a specific point in time.

Items Count

The process of tallying items in inventory, usually for the purpose of ensuring accuracy in stock levels and financial records.