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 647581: 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 50 bank accounts, we want to take a random sample of seven accounts in order to learn about the population. How many different random samples of seven accounts are possible?
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Hint: Compute 50 C 7 using the formula

n C r = (n!)/(r!(n-r)!)
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