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What is the term for the risk that the sample was not representative of the population?

a.Systematic risk
b.Nonsampling risk
c.Sampling risk
d.Compliance risk

1 Answer

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Final Answer:

The term for the risk that the sample was not representative of the population is Sampling risk. Option C is the answer.

Step-by-step explanation:

Sampling risk is the uncertainty that arises from the use of a sample to make inferences about a population. It occurs when the selected sample does not accurately reflect the characteristics of the entire population. Systematic risk pertains to market-wide factors, nonsampling risk involves errors unrelated to sampling, and compliance risk is associated with violations of laws and regulations.

In contrast, sampling risk specifically addresses the potential bias or lack of representativeness in the chosen sample, impacting the generalizability of findings to the broader population.

Option C is the answer.

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