What is the difference between a sample and a census?

What will be an ideal response?


A sample surveys one part of a population selected to represent the entire population, while a census surveys each member of the population.

Business

You might also like to view...

A temporary difference that causes book income to be greater than or less than taxable income when it is initially recorded is a/an:

A. minor difference. B. reversing temporary difference. C. originating temporary difference. D. permanent difference.

Business

Management scholars have identified a range of roles that a global leader may need to take, including to be a _______ (involving making deals and managing conflict) and to be an _________ (involving seizing opportunities, generating new ideas, promoting a vision for the company).

What will be an ideal response?

Business

Activity-based costing and bottom-up budgeting share the step of:

A) Identifying cost drivers associated with each activity. B) Identifying activities that consumer resources and assigning costs to them. C) Assigning costs to projects by multiplying the cost driver rate times the volume of units. D) Tending to overestimate project costs due to the lack of involvement by top management.

Business

Fact Pattern 33-1BEppie hires Franz to do some remodeling work in her office. Eppie does not have the right to control the details of Franz's performance.Refer to Fact Pattern 33-1B. The relationship between Eppie and Franz is

A. client and independent contractor. B. employer and employee. C. master and servant. D. principal and agent.

Business