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Basic Question 7 of 30

A sample is chosen by numbering all the red books in a library and then choosing the ones that correspond to random digits in a table.

Is the sample independent? Is it a simple random sample? Of what population?

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I used your notes and passed ... highly recommended!
Lauren

Lauren

Learning Outcome Statements

compare and contrast simple random, stratified random, cluster, convenience, and judgmental sampling and their implications for sampling error in an investment problem

CFA® 2025 Level I Curriculum, Volume 1, Module 7.