The Differences Between a Cluster Sample and a Stratified Sample

question 58

Multiple Choice

The differences between a cluster sample and a stratified sample are in a

• A) cluster sample, the parent population is divided into mutually exclusive and exhaustive subsets.
• B) stratified sample, the parent population is divided into mutually exclusive and exhaustive subsets.
• C) stratified sample, a simple random sample of elements is chosen independently from each group or subset, while in a cluster sample, a random sample of the subsets is selected.
• D) cluster sample, a simple random sample of elements is chosen independently from each group or subset, while in a stratified sample, a random sample of the subsets is selected.
• E) None of the above.

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Definitions:

Usury Law

Regulations that cap the maximum interest rate that can be charged on loans, aimed at preventing exorbitant or unreasonable interest rates.

Quantity of Money

The quantity of money refers to the total amount of money, including cash and deposits, available in an economy at a particular time.

Unconscionably High Rates

Charges or fees that are excessively high and considered unreasonable or unethical, often in the context of lending or service provision.

Usury

The practice of charging exorbitantly high or illegal interest rates on loans.