A Probability Sampling Method in Which We Randomly Select One

question 38

Multiple Choice

A probability sampling method in which we randomly select one of the first k elements and then select every k ^th element thereafter is​

• A) ​stratified random sampling.
• B) ​cluster sampling.
• C) ​systematic sampling.
• D) ​convenience sampling.

---

Definitions:

Asian Option

A type of option where the payoff depends on the average price of the underlying asset over a certain period.

Underlying Asset

The underlying security that determines the value of a derivative, including equities, fixed income, raw materials, or foreign exchange.

Payoff

The return or outcome received from an investment or action.

Convertible Bond

A type of bond that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.