Match Eight of the Terms (A-K) with the Definitions Provided

question 28

Short Answer

Match eight of the terms (a-k) with the definitions provided below (1-8):
a. Haphazard selection
b. Attributes sampling
c. Block sample selection
d. Judgmental sampling
e. Non-probabilistic sample selection
f. Probabilistic sample selection
g. Random sample
h. Representative sample
i. Statistical sampling
j. Systematic sample selection
k. Sampling distribution
________ 1. The use of mathematical measurement techniques to calculate formal statistical results and quantify sampling risk.
________ 2. A non-probabilistic method of sample selection in which items are selected in measured sequences.
________ 3. A sample whose characteristics are the same as those of the population.
________ 4. A statistical, probabilistic method of sample evaluation that results in an estimate of the proportion of items in a population containing a characteristic of interest.
________ 5. A non-probabilistic method of sample selection in which items are chosen without regard to their size, source, or other distinguishing characteristics.
________ 6. An auditor selects items such that each population item has a known probability of being included in the sample.
________ 7. A frequency distribution of the results of all possible samples of a specified size that could be obtained from a population containing some specific parameters.
________ 8. A sample in which every possible combination of elements in the population has an equal chance of constituting the sample.

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Definitions:

Personally Liable

Being directly responsible for an obligation or debt, where one's personal assets can be used to satisfy the liability.

Unlimited Liability

A type of business ownership where the owners are personally responsible for all of the debts of the business, with no limit to this liability.

Limited Liability Company

A business structure in the United States that provides its owners with limited liability while allowing the benefits of pass-through taxation.

Guarantees Payment

Refers to the assurance provided by one party to another that payment will be made according to the agreed terms and conditions.