Which of the Following Is Not a Benefit of a Stratified

question 46

Multiple Choice

Which of the following is not a benefit of a stratified sampling plan?

• A)Statistics from a stratum will reflect the parameters of the population as a whole.
• B)Increased precision
• C)Members of a stratum, or similar group, are likely to respond the same, which leads to results with lower variability.
• D)All of these are benefits of a stratified sampling plan.

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Definitions:

Price Increase

An adjustment in the cost of goods or services, typically resulting in consumers paying more for those items.

Contribution Margin Ratio

A financial metric that measures how much of a company's revenue is left over after variable costs are subtracted, expressed as a percentage of sales revenue.

Variable Expense Ratio

A ratio computed by dividing variable expenses by sales.

Operating Leverage

A financial concept that measures the proportion of fixed costs in a company's cost structure, indicating its sensitivity to changes in sales volume.