SOLUTION: Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose tha

Question 287077: Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose that, from a population of 95 bank accounts, we want to take a random sample of eight accounts in order to learn about the population. How many different random samples of eight accounts are possible?

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Simple random sampling uses a sample of size n from a population of size N to obtain data that can be used to make inferences about the characteristics of a population. Suppose that, from a population of 95 bank accounts, we want to take a random sample of eight accounts in order to learn about the population. How many different random samples of eight accounts are possible?
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95C8 = 1.2155...x 10^11
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Cheers,
Stan H.
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