A Sampling Method That Separates the Population into Different Subgroups

question 72

Multiple Choice

A sampling method that separates the population into different subgroups and then samples one or some of these subgroups is:

• A)cluster sampling.
• B)simple sampling.
• C)stratified sampling.
• D)systematic sampling.
• E)grouped sampling.

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Definitions:

Investments

The action or process of allocating capital or resources to an entity or project with the expectation of obtaining an additional income or profit.

Dollar

The official currency of several countries, including the United States, known for its significant role in international trade and finance.

Depreciate

A decline in an asset's value over time, frequently caused by deterioration or becoming outdated.

Managed Floating

A system where a country's exchange rate is allowed to fluctuate in response to the foreign exchange market, but the central bank intervenes to stabilize the currency when necessary.