- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 5. Sampling and Estimation
- Subject 1. Sampling Methods

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**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

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**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 |