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List the Four Advantages and Four Disadvantages of Probability-Proportional-To-Size (PPS)

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Essay

List the four advantages and four disadvantages of Probability-Proportional-to-Size (PPS) Sampling compared to Variable Sampling.


Definitions:

Capital Budget

The process and plan for determining and allocating resources for capital or investment projects within an organization.

Common Stock

Equity ownership in a company, granting holders voting rights and a share in the company’s profits through dividends.

WACC

A calculation known as the Weighted Average Cost of Capital determines a corporation's capital costs by proportionally weighting different categories of capital.

Flotation Costs

Expenses incurred by a company in issuing new securities, including underwriting, legal, and registration fees.

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