The Primary Advantage of Cluster Sampling Is Sampling Convenience (And

question 51

True/False

The primary advantage of cluster sampling is sampling convenience (and possibly less cost).The downside,however,is that the inferences drawn from a cluster sample can be less accurate,for a given sample size,than for other sampling plans.

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Definitions:

Downward Sloping

Describes a line on a graph that represents a decrease in one variable in response to an increase in another, commonly used in economics to depict demand curves.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price in a given period.

Price

The payment magnitude expected, called for, or compensated in exchange for something.

Law of Demand

A principle stating that all else being equal, as the price of a good or service increases, the quantity demanded decreases, and vice versa.