Systematic Random Sampling Has the Advantage of

question 30

Multiple Choice

Systematic random sampling has the advantage of

• A) being easy to do.
• B) being more accurate than simple random sampling.
• C) overcoming any consistent bias in the ordering of the population.
• D) being less expensive than simple random sampling.
• E) none of these.

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Definitions:

Merchantability

Implies that a product sold by a merchant is fit for the ordinary purposes for which such goods are used and meets the consumer's expectations.

Express Warranty

A clearly stated assurance or guarantee given by a seller about the condition or quality of a product or service.

Implied Warranty

A legal concept that guarantees a product will perform as widely expected without being explicitly stated in a contract.

Warranty of Title

A guarantee by a seller to a buyer that the seller has the right to transfer ownership and no undisclosed encumbrances exist.