Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 8 of 30

A (simple) random sample is defined by ______.

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
You need to log in first to add your comment.
Your review questions and global ranking system were so helpful.
Lina

Lina

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® 2024 Level I Curriculum, Volume 1, Module 7.