Selecting a Random Sample from Each Identifiable Subgroup Within a Population

question 27

Multiple Choice

Selecting a random sample from each identifiable subgroup within a population is called _____ sampling.

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

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Definitions:

Refurbishing Materials

Materials used in the process of renovating or restoring products to 'like-new' condition.

Containers Refurbished

The process of cleaning, repairing, and restoring used containers to a condition suitable for reuse, often as a cost-saving or environmental sustainability measure.

Spending Variance

The difference between the actual amount of money spent and the expected (or budgeted) amount during a certain period, usually analyzed for cost control purposes.

Budgeting

The process of creating a plan to spend your money, enabling you to determine in advance whether you will have enough money to do the things you need or want to do.