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

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Question 878449: 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 60 bank accounts, we want to take a random sample of nine accounts in order to learn about the population. How many different random samples of nine accounts are possible?

Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!


(read "n choose k") is the number of combinations of things taken at a time and is calculated by

You need to calculate

You need a BIG calculator, or do the arithmetic in a spreadsheet. If this were a number of dollars, the answer is on the order of magnitude of the national debt.

John

My calculator said it, I believe it, that settles it
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