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Basic Question 8 of 30
A (simple) random sample is defined by ______.
B. outcome of selection
C. its degree of resemblance to the population
A. the method of selection
B. outcome of selection
C. its degree of resemblance to the population
User Contributed Comments 3
User | Comment |
---|---|
fidusing | can someone explain the reason fot the answer and why the other answers are incorrect |
samet1990 | SIMPLE RANDOM SAMPLE IS THE METHOD |
Joshua3964 | fidusing - because the sample is random, you cannot control the outcome or its resemblance to the population. therefor only A is correct |
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Tamara Schultz
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.