Generally, the More Heterogeneous the Population, the More Beneficial It

question 3

True/False

Generally, the more heterogeneous the population, the more beneficial it is to use stratified sampling.

---

Definitions:

Positive Economic Statements

Statements that can be tested and validated; they describe the world as it is versus how it should be.

Opinion

A personal view, attitude, or appraisal.

Rational Behavior

The theory that individuals make decisions based on maximizing their own benefit or utility, considering all available information and the potential costs and benefits.

Costs

Costs represent the expenses incurred in the production of goods or services, including materials, labor, and overhead.