Which of the Following Is True Regarding a Probability Sample

question 25

Multiple Choice

Which of the following is true regarding a probability sample?

• A)The larger the sample size,the more likely the sample is representative.
• B)The larger the sample size,the more accurate it is (less sample error).
• C)The more representative the sample,the larger the sample size.
• D)They only become accurate when they are larger than 1,000.
• E)The larger the sample size,the more room there is for inaccuracy.

---

Definitions:

Constant Returns To Scale

When average costs are constant with respect to output level.

Economies Of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.

Bottleneck Procedure

A method or process in manufacturing or production that significantly slows down or impedes overall workflow due to limited capacity or resources.

Economies Of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.