Which Statement Is True of Proportional Sample Sizes

question 44

Multiple Choice

Which statement is true of proportional sample sizes?

• A)The proportion of a stratum in the sample is independent of the proportion of that stratum in the population.
• B)The proportion of a stratum in the sample is the same as the proportion of that stratum in the population.
• C)The proportion of a stratum in the sample is greater than the proportion of that stratum in the population.
• D)The proportion of a stratum in the sample is less than the proportion of that stratum in the population.

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Definitions:

Production Costs

Expenses directly related to the creation and manufacturing of a product, including raw materials, labor, and overhead.

Explicit Costs

These are direct, out-of-pocket payments for expenses incurred by a business, such as wages, rent, and materials.

Opportunity Costs

The cost of foregoing the next best alternative when a decision is made to pursue a particular action.

Total Revenues

The total amount of money received by a company from its sales of goods or services, before any expenses are subtracted.