A population consists of 500 elements. We want to draw a simple random sample of 50 elements from this population. On the first selection, the probability of an element being selected is

A. 0.100.
B. 0.010.
C. 0.001.
D. 0.002.


Answer: D

Business

You might also like to view...

A conclusion needs need to provide audience members with a sense of ______.

Fill in the blank(s) with the appropriate word(s).

Business

Portfolio investment is the purchase of sufficient stock in a firm to obtain significant management control.

Answer the following statement true (T) or false (F)

Business

Short-term investments have higher maturity risks than long-term investments.

Answer the following statement true (T) or false (F)

Business

The legislature may probe agency officials to determine why they acted as they did

a. True b. False Indicate whether the statement is true or false

Business