Which of the Following Is an Advantage of Probability Sample

question 33

Multiple Choice

Which of the following is an advantage of probability sample?

• A) It produces results of statistically measurable accuracy.
• B) It is easy to select elements from a population on a probability bias.
• C) It is easier to implement than a quota sampling method.
• D) It does not require a sample selection on random basis.

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Definitions:

Principal

An amount of money borrowed from a lender.

Equity Funds

Investment funds that primarily invest in stocks with the aim of achieving growth by capital gains and dividends for their investors.

Periodic Repayments

Regular payments made over time to settle a debt or loan, often consisting of both principal and interest components.

Profits

The financial gain obtained when the revenue from business activities exceeds the expenses, taxes, and costs of operation.