A Judgmental Sample Is a Sample in Which the

question 28

Multiple Choice

A judgmental sample is a sample in which the

• A) sampling units are chosen using a random number table
• B) quality of sampling units judged
• C) sampling units are chosen according to the sampler's judgment
• D) sampling units are all biased and vocal about it

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Definitions:

Minimum Required Return

The lowest acceptable return on an investment, based on risk tolerance and financial goals.

Residual Income

The income that exceeds the minimum required return on investment or capital employed; often used as a performance measure.

Return On Investment

A measure of the profitability of an investment, calculated as the net profit from the investment divided by its initial cost.

Sales Dollars

The total revenue generated from the sale of goods or services, typically reported in a company's financial currency.