Which of the Following Sampling Methods Does Not Lead to Probability

question 26

Multiple Choice

Which of the following sampling methods does not lead to probability samples?

• A)stratified sampling
• B)cluster sampling
• C)systematic sampling
• D)convenience sampling

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Definitions:

Net Income

The final amount a company earns, following the deduction of all expenditures and taxes from its total revenue.

Ending Inventory

The cost of inventory on hand for selling at the conclusion of an accounting cycle.

Consignment

A business arrangement wherein goods are left in the possession of an authorized third party to sell, but ownership remains with the supplier until items are sold.

Ending Inventory

The total value of all inventory held by a company at the end of an accounting period.