When Performing Cluster Sampling, the Primary Issue in Choosing a Sample

question 32

Multiple Choice

When performing cluster sampling, the primary issue in choosing a sample size is​

• A) ​selecting the strata.
• B) ​minimizing cost.
• C) ​including all clusters.
• D) ​selecting the number of clusters.

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Definitions:

Production Output

The quantity of goods and services produced by a company or sector over a specified period.

Fixed Costs

These are business expenses that do not vary with the level of goods or services produced, such as rent, salaries, and insurance.

Accounting Break-even

The point at which a company's total revenues equal its total expenses, resulting in neither profit nor loss, from an accounting perspective.