The Optimal Number of People Who Should Participate in a Focus

question 33

True/False

The optimal number of people who should participate in a focus group is 20.

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Definitions:

Common-value Auction

A type of auction where the item being sold holds the same worth to every participant, however, the participants might possess varying levels of knowledge regarding the true value of the item.

Releasing Information

The act of making certain data or facts available to the public or specific groups.

Auctioneer

A person or company that conducts auctions by accepting bids and declaring goods sold.

Mineral Rights

Legal entitlements associated with the ownership of minerals found beneath the surface of a piece of land.