When Simple Random Samples Are Taken from Each Strata of a Stratified

question 66

Multiple Choice

When simple random samples are taken from each strata of a stratified sample based on population proportions,it is called

• A) simple stratified sampling
• B) random stratified sampling
• C) proportionate stratified sampling
• D) probability proportionate to size sampling

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Definitions:

Labor Productivity

A measure of economic performance that indicates the amount of goods and services produced per unit of labor input.

Labor Supply Curve

A graphical representation showing the relationship between the quantity of labor supplied and the wage rate, typically illustrating that higher wages attract a larger labor supply.

Technological Change

Refers to the process of innovation and improvement in technology which leads to new products, services, or more efficient ways of doing things.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing to purchase at that price.