Define the Following:stratified Sampling

question 49

Essay

Define the following:stratified sampling

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Definitions:

Standards

Established norms or requirements in various fields that act as a basis for comparison, quality measures, or regulations.

Principle Of Exceptions

A management principle emphasizing attention and resources on areas that deviate from the norm or expected results.

Standard Costs

Predetermined costs for products or services used to measure against actual costs for performance management and budgeting.

Actual Costs

The real expenses incurred during a specific period, as opposed to budgeted or estimated costs.