Representative Sample
Sample in which the relative sizes of the subpopulation samples are selected in such a manner as to be equal to the relative sizes of the subpopulations. For example, when measuring the viewing audience of a particular television show, the audience is stratified into several subpopulations: income groups, age groups, vocational groups, and so on. Then random samples are drawn from the various strata in proportion to the relative sizes of the REPLACEMENT, RECONSTRUCTION, AND REPRODUCTION COST.
Popular Insurance Terms
Policy designed to act as a supplement to Medicare. The supplementation is in the form of additional benefits to that provided by Medicare. The additional benefits are in the form of ...
Individual or entity who enters into a contract or other legal proceeding, such as a lawsuit. ...
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Part of an ocean marine policy that provides coverage of goods through all of the stages of a journey. Coverage begins when goods leave the warehouse of a shipper, and continues until they ...
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