In order to estimate the average amount of money due on 484 open accounts, the accountant at a large manufacturing company randomly selects 25 open accounts to audit. What kind of sampling does this illustrate?
A)Systematic
B)Stratified
C)Cluster
D)Random sampling

Question

Quizplus · Accepted Answer

This illustrates random sampling because the accountant selects a subset of accounts from the total population of open accounts at random, without following a specific order, grouping, or segmenting the accounts into clusters or strata.

In Order to Estimate the Average Amount of Money Due