A Sampling Method Where You Determine Randomly Where You Want

question 54

Multiple Choice

A sampling method where you determine randomly where you want to start selecting in the sampling frame and then follow a rule to select every x^th element in the sampling frame list is called a ____ method.​

• A) ​simple random
• B) ​stratified random
• C) ​systematic random
• D) ​cluster random

---

Definitions:

Weighted Moving Average

A statistical method used to analyze data points by giving different weights to different data points, commonly used in stock market analysis and forecasting.

Record Keeping

The systematic process of creating, maintaining, and managing records or documents for the purpose of providing accurate evidence of business transactions and activities.

Simple Exponential Smoothing

A time series forecasting method for univariate data that considers the weighted sum of past observations, with the weights declining exponentially as the observations get older.

Previous Forecast

An estimation or prediction made in the past about future events or conditions, often used as a reference for current planning.