When Selecting a Stratified Sample, the Sample Size Is

question 64

Multiple Choice

When selecting a stratified sample, the sample size is:

• A)determined for the unstratified population and then apportioned to each stratum.
• B)determined for each stratum and selected from that stratum.
• C)determined for each stratum and selected randomly from the entire unstratified population.
• D)always larger than if unstratified sampling had been used.

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Definitions:

Compounded Monthly

The frequent calculation and addition of interest to an investment or debt balance each month.

Debtor Owe

Refers to the amount of money that a debtor is legally obligated to pay to a creditor.

Equal Monthly Payments

A repayment structure where the borrower pays a consistent amount each month over the life of a loan, often used in mortgages and personal loans.

Compounded Semi-Annually

The process where the interest earned on an investment is calculated and added to the principal twice a year.