An Advantage of Convenience Samples Over Random Samples Is That

question 73

Multiple Choice

An advantage of convenience samples over random samples is that:

• A)they are easy to analyze.
• B)it is easier to determine the sample size needed.
• C)it is easier to calculate the sampling errors involved.
• D)data collection cost is reduced.

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Definitions:

Operating Leverage

A measure of how revenue growth translates into growth in operating income, determined by a company’s fixed versus variable costs.

Operating Cash Flows

The cash generated from the normal operations of a business, reflecting its ability to generate sufficient cash to maintain and develop its operations.

Units Sold

The total number of product units that have been sold during a specific time period.