All of the Following Statements Are Limitations of Simple Random

question 50

Multiple Choice

All of the following statements are limitations of simple random sampling except ________.

• A)it is often difficult to construct a sampling frame that will permit a simple random sample to be drawn
• B)simple random sampling often results in lower precision with larger standard errors than other probability sampling techniques
• C)simple random sampling may or may not result in a representative sample
• D)the sample results may be projected to the target population

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Definitions:

Industry Output

The total product or service produced by companies within a specific sector or industry.

Noncooperative Behavior

Actions in a competitive environment where entities act independently without collaboration, potentially leading to less optimal outcomes.

Marginal Costs

The increase in aggregate expenses due to the production of an additional unit of a good or service.

Industry Output

The total production or supply of goods and services produced by a specific industry within a certain period.