What Is the Difference Between Representative Sampling and Random Sampling

question 50

Essay

What is the difference between representative sampling and random sampling? When would you choose to use representative sampling over random sampling?

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Definitions:

Brazil

Brazil is the largest country in South America and the fifth largest in the world, known for its diverse culture and strong economy.

Net Investment Income

The difference between the revenue from investment assets and the expenses associated with managing and making those investments.

Foreign Assets

Properties, investments, or other financial assets located in countries outside of the investor's residence country.

Financial Account

The record of a country’s international transactions involving purchases or sales of financial and real assets.