Which of the Following Statements About Sampling Is NOT Correct

question 87

Multiple Choice

Which of the following statements about sampling is NOT correct?

• A)Sampling is based on the principle that a sufficiently large number of randomly drawn subjects from a population will be representative of the whole population.
• B)The results of a sample will be always be somewhat biased and therefore not reliable for formal research.
• C)Sampling is a survey technique that eliminates the need for questioning 100 percent of the population.
• D)All of the above are correct.

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Definitions:

Variable Cost

Costs that change in proportion to the level of output or activity of a business.

Fixed Costs

Expenses that do not change with the amount of goods or services produced, such as rent or salaries.

Marginal Costs

Refers to the cost added by producing one extra item of a product, emphasizing its role in decision making regarding production levels.

Variable Costs

Costs that change in proportion to the level of activity or volume of production in a business.