A Small Business Has Fewer Than 100 Employees,is Independently Owned

question 16

True/False

A small business has fewer than 100 employees,is independently owned and operated,and does not dominate its industry.

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Definitions:

Convenience Sampling

A non-probability sampling technique where subjects are selected due to their convenient accessibility and proximity to the researcher.

Quota Sampling

A non-random sampling technique where researchers aim to represent major characteristics of a population by selecting a proportional number of participants from each subgroup.

Data Analysis

The process of systematically applying statistical and/or logical techniques to describe and illustrate, condense and recap, and evaluate data.

Data Reduction

The process of simplifying, summarizing, and transforming raw data into a more manageable form for analysis.