A Common Practice in Selecting a Sample from a Large

question 76

True/False

A common practice in selecting a sample from a large geographic area is multistage cluster sampling.

---

Definitions:

Federal Trade Commission Act

A United States federal law established in 1914 to promote consumer protection and eliminate and prevent anticompetitive business practices.

Sherman Antitrust Act

An American legislation passed in 1890 to combat anticompetitive practices, reduce market monopolies, and preserve economic competition.

Robinson-Patman Act

A United States antitrust law aimed at prohibiting price discrimination that could harm competition.

Barriers to Entry

Economic, procedural, or regulatory obstacles that prevent or hinder new competitors from easily entering an industry or market segment.