Which Is Most Nearly Correct Regarding Sampling Error

question 100

Multiple Choice

Which is most nearly correct regarding sampling error?

• A)It can be eliminated by increasing the sample size.
• B)It cannot be eliminated by any statistical sampling method.
• C)It can be eliminated by using Excel's =RANDBETWEEN() function.
• D)It can be eliminated by utilizing systematic random sampling.

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Definitions:

Total Assets Turnover Ratio

Measures the turnover of all the firm’s assets; it is calculated by dividing sales by total assets.

Debt Ratio

A financial ratio that measures the extent of a company’s or individual's leverage, calculated by dividing total liabilities by total assets.

Window Dressing

Techniques employed by firms to make their financial statements look better than they really are.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations with its current assets over its current liabilities.