The Logic Behind Samples and Populations Is That

question 13

Multiple Choice

The logic behind samples and populations is that

• A)measuring the population is usually the desirable approach.
• B)the scores in a sample can be used to estimate the scores we would expect to find if we could measure a population.
• C)it is much less expensive to measure a sample than to measure an entire population.
• D)there is no need to measure an entire population because any sample produces the same results.

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Definitions:

Free Cash Flow

The amount of cash generated by a business after accounting for operating expenses and capital expenditures.

Indirect Method

A way of preparing cash flow statements where net income is adjusted for non-cash transactions, deferrals, and accruals.

Direct Method

An approach to preparing the cash flow statement where actual cash flows from operating activities are disclosed, as opposed to the indirect method which adjusts net income for non-cash transactions.

Operating Activities

Activities related to the core business functions of a company, including production, sales, and delivery of services, as reflected in its cash flow.