Why Are True Random Samples Rarely Used

question 127

Multiple Choice

Why are true random samples rarely used?

• A) Researchers rarely have access to the entire population.
• B) Convenience sampling is easier and just as effective in producing a sample that can be generalized to the population of interest.
• C) Random sampling methods are not effective in producing a sample that can generalized to the population of interest.
• D) Researchers, like most people, have misconceptions of randomness.

---

Definitions:

Banking System

A network of institutions that provide financial services, including managing deposits, loans, and currency exchange.

Exchange Rate

The price of one country's currency expressed in another country's currency, allowing for the exchange of currencies in global markets.

Own Currency

The currency issued and used by a country, typically managed by its central bank or monetary authority.

Home Country

The country where a company is headquartered or where an individual is a citizen.