You buy a 5 year bond with par value $1000 and 9 % semiannual coupons.The redemption value of the bond at the end of 5 years is 1,100.Calculate the purchase price to yield 6% convertible semiannually,rounded to the next ten dollars .
Answers
Rounded to the next ten dollars, the purchase price to yield 6% convertible semiannually would be $1,190.
To calculate the purchase price of the bond , we need to find the present value of its future cash flows.
First, let's calculate the present value of the coupon payments:
The bond has a 9% semiannual coupon rate, which means it pays $45 (9% * $1000 / 2) in coupon payments every six months for 5 years, resulting in a total of 10 coupon payments.
Using the present value of an annuity formula, we can calculate the present value of these coupon payments:
PV = Coupon Payment * [(1 - (1 + r)⁽⁻ⁿ⁾) / r]
PV = $45 * [(1 - (1 + 0.03)⁽⁻¹⁰⁾) / 0.03]
PV ≈ $383.61
Next, let's calculate the present value of the redemption value:
The redemption value is $1,100, which will be received at the end of 5 years. We can calculate its present value using the present value formula:
PV = Future Value / (1 + r)ⁿ
PV = $1,100 / (1 + 0.03)¹⁰
PV ≈ $806.62
Finally, we can calculate the purchase price by adding the present value of the coupon payments and the present value of the redemption value:
Purchase Price = PV of coupon payments + PV of redemption value
Purchase Price ≈ $383.61 + $806.62
Purchase Price ≈ $1,190.23
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Related Questions
When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit
Answers
Answer:
When setting prices of products, businesses want to make sure they can cover their costs and make:
D. a profit
The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.
What is businesses?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.
As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.
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Unlike estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, what will smaller firms probably need to rely on to help to distribute their products?.
Answers
If estée lauder, which is a large and established firm with the resources to provide its own sales force to sell its products, the smaller firms will need to rely Supply chain intermediaries to help to distribute their products.
What is Supply chain intermediaries?Supply chain intermediaries can be defined as a channel through which goods produced by a company get to the end or final user. The supply chain intermediaries tend to stand as a link that help to distribute goods to the consumer.
Supply chain intermediaries play an important role as without them goods will not get to the consumer based on the fact that they act as a facilitator who help to facilitate the movement of goods from the manufacturer to the user.
Therefore the company have to rely on Supply chain intermediaries to help distribute their product.
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During the introduction stage, total industry profit is:__________
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During the introduction stage of a product life cycle, the total industry profit is typically low or negative. This is because the market for the new product is still being established, and there is often a high level of uncertainty and risk associated with the introduction of a new product.
Companies must invest heavily in research and development, marketing, and promotion in order to build awareness and generate demand for the new product.
At the same time, competitors are likely to be entering the market, which can lead to intense price competition and pressure on profit margins. As a result, industry profits may be low or even negative during the introduction stage.
Despite the challenges and risks associated with the introduction stage, it is a critical phase in the product life cycle because it lays the foundation for future growth and success. Companies that are able to successfully navigate the introduction stage can establish a foothold in the market and position themselves for future growth and profitability.
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a corporate strategy that cuts across divisional boundaries to build synergy across business units to improve the competitive position of one or more business units is called
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The corporate strategy is called "cross-divisional strategy" or "synergy strategy."
A cross-divisional strategy involves coordinating activities and sharing resources across different business units within a company to achieve a common goal. This strategy is aimed at leveraging the strengths of each business unit to improve the overall competitive position of the company as a whole.
By sharing resources and expertise, cross-divisional strategies can lead to cost savings, improved efficiency, and increased market power. This approach is especially useful for companies that operate in multiple industries or have diversified business units. The success of a cross-divisional strategy depends on effective communication, collaboration, and alignment of goals across different business units.
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Which document determines the number of shares in a company?
a stock prospectus
an annual bill of rights
a corporate charter
an annual report
Answers
Answer:
C. a corporate charter
A Corporate Charter is document determines the number of shares in a company.
What is Corporate Charter?
Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.
Therefore, A Corporate Charter is document determines the number of shares in a company
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Click this link to view O*NET's Tasks section for Postal Service Mail Carriers. Note that common tasks are listed
toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common
tasks performed by Postal Service Mail Carriers? Check all that apply.
installing mailboxes
O obtaining signed receipts for mail
sorting mail
delivering mail
O supervising other mail workers
reviewing job applicants
Done
Answers
Answer:
1. obtaining signed receipts for mail
2. sorting mail
3. delivering mail
Explanation:
Postal Service Mail Carrier's main responsibility is to deliver mail to their intended receipts. The Postal Service mail carriers are the last people in the mail distribution channel. They are the people who get mail to the receipts and have them sign for it.
The Postal service mail carriers will be issued with mail, usually for a particular route. They will sort to identify the address where each mail is to be delivered. Upon arriving at the correct address, the postal service mail carrier will hand over the mail to the recipient and have them sign as an acknowledgment of receipt.
Answer:
AEF
Explanation:
First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based on that, we can estimate your taxes to be $340. Put those numbers into the calculator and press calculate to see how much money you will need for your loan.
Answers
"$4840" will be the total amount for the loan.
To "borrow" a thing means to use it with the purpose of giving it back. "Loan" is a word that can refer to either the act of giving anything to anyone or a number of funds it must be repaid with interest. That basically implies you can't say you're "borrowing" anything from anyone.
From the information that is provided:
Money that is spent = $5000
Down payment made = $500
The amount of taxes = $340
The total amount for the loan that is taken is
= 5000 - 500 +340
= $4840
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Morning light does not enter the swamp. Even the sunrise is dark. Still, time progresses, night into day
A picture of bayou country is deceiving Slow streams converge under mud to make the appearance of land that is actually water. One net of moss hangs from one hundred trees. Lightning strikes the
same stump many times.
People pass the swamp's fringes in trains, on tracks that cling to the last solid ground. Out of their windows are landscapes that take the earth's colors to every periphery, Bright orange sunsets
surround people like sky on an airplane. On gray foggy mornings they ride through a dream that has no beginning or end. But time has its limits, these people know. They are expected places--Memphis
by midnight, New Orleans by dawn
Deep in the swamp, animals keep the only appointments Birds gather at high places in trees. Raccoons make their last noisy passes for food across someone's back porch before he awakes. Fish all
around splash up, although they cannot see the morning coming to clean the picture of day like clothes bleaching in a galvanized tub from dark gray to light gray
Joan looked out from the porch to the swamp she had known all her life. Ahead of her in the veiled light were the outlines of many trees. Below and around her were the crisp sounds of nature
awakening Cupped in both hands, perched on her knees was a warm mug of coffee.
Which of the following can the reader infer from the passage above?
O Travelers sleep throughout the journey.
O The ride is for airplane passengers to see the sky.
O Travelers lose their sense of the outside world.
Answers
Answer:
Travelers lose their sense of the outside world.
Explanation:
Study Island
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Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answers
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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Why is international trade important to most countries?
A. Trade allows countries to acquire natural resources not found in
their own territories.
B. Trade ensures that countries will not create trade deficits that
harm their economies.
C. Trade protects countries from economic competition with
neighboring countries.
D. Trade encourages countries to produce all the goods their citizens
need.
Answers
The transfer of welfare's, services, commodities among the nation for financial gain is called international trade.
The correct answer is:
Option A. Trade allows countries to acquire natural resources not found in their territories.
This can be explained as:
Import and export of sources between the countries allow the nation to grow their market and assets.Because of the international trade modes, the availability of the assets not produced in their country is available for the citizens to utilize.It gives more employment and hence improves the nation's economy.Therefore, trade allows countries to avail resources that are found in their region.
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Answer:
A
Explanation:
A man in San Rafael County was discovered committing workers' compensation fraud. He had been observed working while at the same time receiving disability benefits. Surveillance showed the man working at an automobile auction. The investigator interviewed the owner of the auction and found that the claimant was being paid $200 per week in cash for washing vehicles and performing other shop tasks. Surveillance video showed the man carrying 25-pound bags of pet food, loading boxes, and rummaging through a trash dumpster. Obviously, he was not hurt very badly. 1. Was surveillance the proper method to use in this case? Why? 2. What are some restrictions to be careful about in conducting surveillance?
Answers
Answer:
1. Yes
2. - privacy concerns
- may lack full details.
Explanation:
1. In this scenario the automobile auction house would need to show video evidence of his (San Rafael's) fraud activities to the investigator.
2. Privacy concerns such as how the information gotten from video surveillance is used may pose a challenge.
There's also the reality of a lack of full details. For instance, San Rafael may be deaf a disability that cannot be reflected well on a surveillance video that shows him working.
When seeking collaboration on writing instructions for product use before releasing the information to the consumer, which method would yield the best results? Blog Podcast Wiki Companies can use blogs to share late-breaking news of tidbits of interest to employees. This is an example of Blogs take the same care and attention as other business writing.
Answers
Answer:
Wiki
Explanation:
The best option in this case would be to use a Wiki, which is a collaborative website, where users can add content, news, information about a certain subject and thus generate more complete and efficient content.
The advantages of using Wiki for companies is the possibility of access controls, modifications, collaboration, etc.
So this would be the ideal method for a company that seeks collaboration in writing instructions for using the product before releasing the information to the consumer.
How do you think business impact suppliers and investors in terms of capital and income?
Answers
Answer:
It is important to select suppliers carefully as suppliers can affect the businesses they provide goods to. If a supplier provides a poor quality product to a firm, it may affect the firm's reputation as the firm will need to use the goods or sell them onto their customers.
Explanation:
Suppliers are the most important link in the business chain. They can never be separated from the business itself as they act as the most important intermediary for owners and consumers.
On the other hand, investors get impacted the most as the share price of the companies are hugely impacted by the performance of the business and are appreciated when the business posts excellent results in its annual or quarterly period.
A business can impact suppliers in a way that if the manufacturers are not ready with the finished goods, the supply chain will automatically be stopped which will reduce sales by a good number.On the other hand, Investors are the owners of the business for the part of no. of shares being held by them. However the management of the business is in the hands of the managers and if they don't run the business well, the stock prices would decline resulting in dismay for the investors.Suppliers as well as investors are directly related to the performance of the company as efficient management by the business leads to betterment of them and vice versa.Hence, the owners as well as the investors are directly affected with the performance by the management of the business and are equally acquainted to the business.
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Eliza Conner owns a small clothing boutique. Eliza uses her personal checking account for both business and personal needs. How would you convince Eliza that she should open a separate
bank account for her business?
Answers
Answer:
1. It will cause them confusion throughout the tax calculating process.
2. Using a single account will make it difficult to keep payroll records.
3. Keep track of your personal expenses and earnings.
Explanation:
1. It is preferable to establish a separate account to separate the firm's actual income and expenses.
2. Payroll expenses are indistinguishable from personal expenses.
3. This allows you to cross-check bank and hand-made documents for income and expenses. Because cash transactions may not be recorded in the bank account, the entrepreneur should preserve receipts in order to compute revenue and expenses, which may result in erroneous financial statements.
started business with cash Rs 100000 and furniture Rs 50000
Answers
Answer:
See below
Explanation:
Cash and furniture are assets. An increase in assets is debited. The amounts used to buy the in facilitating the transactions is the capital.
The journal entry will be as below,
Cash A/c Dr. Rs 100,000
Furniture A/c Dr. Rs 50,000
Capital A/c Cr. Rs 150,000
mr. bowinkle dies without a will and his son jon is appointed by the courts to handle the affairs of the estate. jon is an example of
Answers
mr. bowinkle dies without a will and his son jon is appointed by the courts to handle the affairs of the estate. jon is an example of Administrator.
The Pope is the chief ruler and steward of all ecclesiastical temporalities because of his position as head of state. The pope's authority in this regard is strictly administrative, as it is improper to describe him as the owner of property belonging to the Church or to specific parishes. The Congregations of the Roman Curia and other comparable entities serve as the primary conduits for the Papal administrative authority.
The management of the diocese's, a religious institution's, or any legal entities under his jurisdiction must be closely monitored by the ordinary.
Property management in each diocese is essentially the responsibility of the bishop, who is subject to the Holy See's supreme authority. This authority has been a component of the bishop office from the early days of the Church (can. 37, Can. Apost., Lib. II, cap. xxv, xxvii, xxxv. Const. Apost.). Unless they have obtained a legal exemption, as in the case of religious orders, all lesser administrators are reliant upon him.
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Which savings account will earn you the most money? One that compounds interest daily. One that compounds interest monthly. One that earns simple interest daily. One that earns simple interest monthly.
Answers
Hi There!!
I think the best answer is:
C). One that earns simple interest daily.
Because, Simple interest isn't as big as compound interest, and having it monthly means less spending.
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NEED HELP ASAP, WILL GIVE BRAINLIEST
1. Variable Costs are also known as ___________
A. Cost of Goods Sold
B. Liabilities
C. Assets
D. Equity
2. The bank purchased a desk for a new employee. What type of cost is the purchase of a new desk?
A. Fixed Cost
B. Variable Cost
3. Today I sold a new 80 inch television. The sale of this item is called________?
A. Unit of Sale
B. Asset
C. Cost of Goods Sold
Answers
Answer:
Cost of Goods Sold
variable cost
evality
2. Fixed cost
3. Unit of sale
When trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as _____
Answers
When trying to assess whether an applicant will be a good performer, managers utilize Selection Tools.
What selection tools?Selection is the process that managers in all organizations use to determine:
The qualifications of job applicants. Their performance potential.The known selection tools include:
Paper-and-pencil testsPhysical abilities testPerformance testsBackground informationInterviewsReferences.Thus, when trying to assess whether an applicant will be a good performer, managers utilize interviews, background information, paper-and-pencil tests, and references, which are known as Selection Tools.
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Which nursing action demonstrates altruism?
Accepting responsibility for decisions
Focusing on service to others
Obtaining an advanced degree
Adhering to a code of ethics
Answers
Focusing on service to others demonstrates altruism in nursing. Therefore the correct option is option B.
Altruism is defined as selfless care and action for the well-being of others with no expectation of recompense. Nursing as a career is founded on selflessness, which entails placing patients' needs before of one's own.
Altruism is demonstrated by a nurse who focuses on delivering compassionate care and advocating for their patients.
Accepting responsibility for judgements, earning a higher education, and following to a code of ethics are all significant nursing activities, but they do not always indicate altruism. Therefore the correct option is option B.
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Which of the following refers a reduction the production and availability of a good or service in due to a decrease in its market price? a. An increase in the supply for a product b. An increase in the quantity supplied for a product C. A decrease in the supply of a product d. A decrease in the quantity supplied for a product
Answers
Answer:
B. an increase in the quantity supplied for a product.
select all that apply xyz company made a mistake in counting its ending inventory. determine which of the items below will be affected by this error. (check all that apply.) multiple select question. revenues long-term assets net income current assets cost of goods sold
Answers
XYZ Company's mistake in counting its ending inventory will have a significant impact on several key financial indicators. The affected items include the cost of goods sold, net income, and current assets.
Firstly, the cost of goods sold (COGS) will be directly affected. COGS is calculated by subtracting the beginning inventory from the sum of purchases and ending inventory. An error in counting the ending inventory will result in an incorrect calculation of COGS. This will subsequently impact the company's gross profit margin and overall profitability.
Secondly, net income will be impacted. Net income is calculated by deducting the COGS and other expenses from the revenues. Since COGS is affected by the error in counting the ending inventory, it will lead to an incorrect calculation of net income. This misrepresentation can affect the company's financial performance and ability to attract investors.
Additionally, the error in counting the ending inventory will affect the valuation of current assets on the balance sheet. Ending inventory is a component of current assets. Any miscalculation will result in an inaccurate valuation of the company's current assets, which can impact its liquidity and financial health.
In conclusion, the mistake made by XYZ Company in counting its ending inventory will have implications for the cost of goods sold, net income, and current assets. It is crucial for the company to rectify this error promptly to ensure accurate financial reporting and decision-making. Taking appropriate corrective measures will help maintain transparency, integrity, and reliability in the company's financial statements.
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Imagine that your goal is to retire 34 years from today with $1,000,000 in savings. Assuming that you currently (i.e., today) have $5,000 in savings, what rate of return must you earn on that savings to hit your goal
Answers
To calculate the rate of return you need to earn on your savings to reach your goal, we can use the compound interest formula.
The formula for compound interest is: A = P(1 + r/n)^(nt)
Where: ,A is the future value of the investment/savings ,P is the principal amount (initial savings) ,r is the annual interest ,rate (as a decimal) ,n is the number of times interest is compounded per year ,t is the number of years
Using a calculator, we find that r ≈ 0.0645, or approximately 6.45%.
Therefore, you would need to earn an annual rate of return of about 6.45% on your savings to reach your goal of $1,000,000 in 34 years.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A(n) _____ does not give an exclusive right of possession, but a right of permanent, intermittent use
A. remainder
B. license
C. easement
D. reversion
Answers
What does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
Basically, a license does authorize the use or performance of a task, activity etc.
License are issued to a qualified person to perform certain task, work or activities which are deemed legal.
For instance, when a medical license is issued to a medical practitioner, it does not give exclusive right but its allows the him/her to perform medical duties legally for some period of time.
In conclusion, the Option B is correct because License does not give an exclusive right of possession but gives the right of permanent and intermittent use is License.
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All of the following are assumptions of the resource-based model EXCEPT: a. firms acquire different resources and develop unique capabilities based on how they combine and use resources. b. firms' performances across time are due primarily to their unique resources and capabilities rather than the industry's structural characteristics. c. differences in resources and capabilities are the basis of competitive advantage. d. resources and capabilities are highly mobile across firms.
Answers
Answer: d. resources and capabilities are highly mobile across firms.
Explanation:
Resource-based theory posits that valuable resources which are difficult to copy are valuable to the success of an organization. Such resources can further develop the capabilities of a firm. In the resource-based model, skilled employees are key to the success of the organization.
A why assumption of this model is that the differences in resources and capabilities bring about competitive advantage.
It should be noted that option D "resources and capabilities are highly mobile across firms" ain't an assumption and is therefore the answer.
A designer reaches the final stage of building value propositions. They review their official value proposition list. Using this list, how can they make sure their product stands out from the competition?
Answers
Identify their product's unique value proposition and remove value proposition that are offered by competitors are the way they can do to make sure their product stands out from the competition.
What is a value propositionThe value proposition is a company's unique selling point that explains to potential customers why they should do business with the organization.
In most cases, a value proposition offers a clear distinction between an organization and its competitors to help customers see why they should work with one company over another.
Companies use value propositions in a number of ways. They are used internally to help various departments in a business align their tasks and goals, and they are used externally as a marketing and advertising tool to help convince customers to make a purchase.
The value proposition itself is very concise and usually only a sentence or two long and can be used for both internal and external content.
What makes a good value propositionA good value proposition can take many forms. Some are complete sentences, while others are a series of short bullet points.
Regardless of format, excellent value propositions tend to have certain characteristics:
Be concise: Ideally, the value proposition is short and concise enough for your customers to remember and remember. Digestible: The main idea of the value proposition should be immediately clear to the reader. Definitive: The value proposition must definitively state the unique value your company offers to customers. Explanation: An excellent value proposition should provide a clear explanation of why your company is better than the competition. Accessible: Customers and internal stakeholders should have easy access to your value proposition, usually via your company's website. Measurable: Some value propositions offer measurable statistics to better demonstrate how much better their product is than their competitorsLearn more about value propositions at https://brainly.com/question/3130122.
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1) Two people have been negotiating and you've noticed that one has been doing more of the talking and one has been much quieter. Who is most likely to achieve their goals a. The listener: understanding their position, and tailoring you strategy accordingly, is more persuasive. b. It depends on body language more than words c. The talker: talking is important; you can't persuade people if you don't talk
Answers
Answer:
A. The listener: understanding their position, and tailoring your strategy accordingly, is more persuasive.
Explanation:
In business, the more you talk, the less persuasive you become. Keeping quiet and choosing your words shows integrity, and by staying quiet rather than trying hard to persuade makes you more able to achieve your goals. As the more the other talks, the more you gain the upper hand in the matter of pressuring the other to your higher benefit.
how did Suzy Batiz failures set her up for success?
Answers
Answer:
I'm not sure
Explanation:
Not enough explanation.
What Is Primary Data? Explain Probability And Non-Probability Sampling With Examples
Answers
Primary data is the data that is collected by the researchers themselves with the specific purpose of addressing their research question. It is original and not derived from any previously published sources. This data can be collected using various methods such as interviews, surveys, observations, and experiments.
Probability Sampling: This is a method of sampling in which every member of the population has an equal chance of being selected for the sample. The probability of each member of the population being selected is known and can be calculated. Examples of probability sampling methods are: Simple random sampling: In this method, each member of the population has an equal chance of being selected. Stratified random sampling: In this method, the population is divided into strata and a random sample is selected from each stratum.
Non-probability Sampling: This is a method of sampling in which members of the population do not have an equal chance of being selected for the sample. The probability of each member of the population being selected is not known and cannot be calculated. Examples of non-probability sampling methods are: Convenience sampling: In this method, the sample is selected based on the availability and accessibility of the members of the population. Quota sampling: In this method, the sample is selected based on predetermined quotas for different subgroups of the population.
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