- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 7. Estimation and Inference
- Subject 1. Sampling Methods
CFA Practice Question
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
Correct Answer: A
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 |