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For a Sample to Be , Every Member of the Population

question 54

Short Answer

For a sample to be , every member of the population must have an
equal chance of being selected.


Definitions:

Place Element

One of the four Ps in the marketing mix, referring to the distribution and accessibility of a product or service to the target market.

Marketing Mix

The set of controllable marketing variables, traditionally identified as product, price, place, and promotion, that a company uses to pursue its marketing objectives.

Supply Chain

The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

Value

The importance, worth, or usefulness of something, often considered in terms of monetary, social, or personal significance.

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