Which one of the following statements is true about non-probability sampling? A. There is significant risk that

Question:

Which one of the following statements is true about non-probability sampling?

A. There is significant risk that the sample is not representative of the population.

B. Every member of the population has an equal chance of being selected for the sample.

C. Using judgment guarantees that population subdivisions of interest are represented in the sample.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

See More Books

Question Posted: Feb 01, 2024 08:29 AM

See More Questions

The scientist does not study nature because it is useful; he studies it because he delights in it, and he delights in it because it is beautiful. If nature were not beautiful , it would not be worth...
In a Hopfield neural network configured as an associative memory, with all of its weights trained and fixed, what three possible behaviours may occur over time in configuration space as the net...
LLL is looking at issuing bonds as a way of raising cash. One disadvantage of using bonds is: bond interest would be deductible for tax purposes. the bondholders would not have voting rights. income...
Yamini and Fatima, two students of Class IX of a school, together contributed Rs. 100 towards the Prime Ministers Relief Fund to help the earthquake victims. Write a linear equation which satisfies...
Consider three alternatives, each with a 10-year useful life. If the MARR is 10%, which alternative should be selected? Solve the problem by benefit-cost ratio analysis. A B $150 Cost $800 $300...
1. Discuss two of the assumptions built into CVP analysis. 2. Discuss two of the limitations built into CVP analysis. 3. Give a brief explanation of how to prepare a breakeven graph or chart to be...
Consider the IRR and ERR measures of worth. If we define a root to mean a value for the measure that results in $\mathrm{PW}=0$, then which of the following statements is true? a. Both IRR and ERR...
Lexi Belcher picked up the monthly report that Irvin Santamaria left on her desk. She smiled as her eyes went straight to the bottom line of the report and saw the favorable variance for operating...
2. Please using k-means clustering method to cluster these data points in to 2 clusters. Please provide step by step operations. (10 points) Sample: Feature 1 Feature Step1: 1 1234567 2.5 1.5 2 2.0...
Suppose you are the manager of a portfolio of bonds indexed to the Bloomberg Barclays US Government/Credit Index, meaning that the portfolio returns should be similar to those of the index. You are...
Analysts performing bootstrap: A. seek to create statistical inferences of population parameters from a single sample. B. repeatedly draw samples of the same size, with replacement, from the original...
What is a credit spread? What credit rating changes have the most profound impact on the credit spread paid by corporate borrowers?
Mr Motaung has been a master builder for the past ten (10) years. He operates his business in terms of the wealthy Motaung Trust (IT Number 1233/2010). He intends to submit a tender to the Department...
Describe examples of ALL heuristics contained on the worksheet. Confirmation bias: looking for information that fits with prior hypotheses. Answer: Overconfidence bias: overly positive view of our...
4. Discuss the proof of logical pretest loop (while loop) using axiomatic sematics with the classmate next to you and answer the following questions: a. What is loop invariant? b. How to compute loop...
A)What are the poor examples of globalization? Why? Provide an example of a Canadian Company that has not done well internationally. What are some of the methods for analyzing an industry and an...
Competency 1 - Assessment To complete this assessment, you will create a report comprised of two parts. In Part 1, you will analyze how 2 major economic events influenced supply, demand, and economic...
Payment of insurance in advance may be recorded in either (a) an expense account or (b) an asset account. Which method would you recommend? What periodic entries are required under each method?
What are the principal alloying elements in SAE 4340 steel?
Insurance agents are intermediaries who help other members of the channel by providing information and handling the selling function. Does it make sense for an insurance agent to specialize and work...
Discuss the Place objectives and distribution arrangements that are appropriate for the following products (indicate any special assumptions you have to make to obtain an answer): a. A postal scale...
Give an example of a producer that uses two or more different channels of distribution. Briefly discuss what problems this might cause.
Power Serve Company expects to operate at 82% of productive capacity during July. The total manufacturing costs for July for the production of 34,440 batteries are budgeted as follows: Direct...
Chris Fowler borrowed $94,680 on March 1, 2018. This amount plus accrued interest at 10% compounded semiannually is to be repaid March 1, 2028. To retire this debt, Chris plans to contribute to a...
A 0.90-kg ball is thrown with a speed of 8.0 m/s at an upward angle of 23 degrees. Use conservation of energy. What is its speed at its highest point? How high does it go?

Which one of the following statements is true about non-probability sampling? A. There is significant risk that

Question:

Step by Step Answer:

A is correct Because nonprobability sampling is depen...View the full answer

2024 CFA Program Curriculum Level I Volume 1

Students also viewed these Business questions