When Attempting to Balance the Sample Size with the Cost

question 56

Multiple Choice

When attempting to balance the sample size with the cost of data collection,the textbook illustrated that it is helpful to:

• A)use an Excel spreadsheet.
• B)rely on financial leveraging.
• C)use a table that depicts data collection cost and sample error for different sample sizes.
• D)use a table that depicts data collection cost and the costs of computing different sample sizes.
• E)use a table that depicts data collection cost contrasted to the cost of not doing research.