One of the Advantages of Systematic Sampling Is That

question 28

Multiple Choice

One of the advantages of systematic sampling is that:

• A)it is more representative in the final analysis.
• B)the listing of the population may contain hidden periodicities.
• C)the listing of the population can have sample frame error.
• D)it has "economic efficiency";it is less time consuming and easier to select.
• E)it has very little problem with sample frame error.

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Definitions:

Promissory Note

A legal document in which the writer promises to pay a specified sum of money to a designated party at a future date or on demand.

Simple Interest

A method to calculate the interest charged on a loan, based on the original principal amount, the rate of interest per period, and the number of time periods.

Discounted

Refers to the process of determining the present value of a future amount of money or stream of payments, considering a specific interest rate.

Registered Retirement Savings Plan

A government-approved program in Canada that enables residents to save for retirement on a tax-deferred basis.