Which of the Following Statements Is TRUE

question 20

Multiple Choice

Which of the following statements is TRUE?

• A) In cluster sampling, the parent population is broken into mutually exclusive and exhaustive subgroups and a simple random sample is selected from each subgroup.
• B) Cluster samples are most statistically efficient when the clusters are internally homogeneous.
• C) In order to yield high statistical efficiency, each cluster in a cluster sample should include as many diverse universe values as possible.
• D) One of the main advantages of cluster sampling over simple random sampling is its greater statistical efficiency for the same size sample.
• E) All of the above statements are false.

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Definitions:

Total Product

The total quantity of output produced by a firm from a given quantity of inputs during a certain period of time.

Workers

Individuals engaged in some form of employment or labor, contributing their skills or effort in exchange for compensation.

Marginal Product

The additional output that is produced by adding one more unit of a specific input, while keeping other inputs constant.

Fourth Worker

An individual representing an additional unit of labor in the context of discussing labor inputs and productivity, often in economic analysis.