A Nonprobability Sampling Technique in Which an Initial Group of Respondents

question 38

Multiple Choice

A nonprobability sampling technique in which an initial group of respondents is selected randomly and subsequent respondents are selected based on the referrals or information provided by the initial respondents is called ________.

• A) quota sampling
• B) snowball sampling
• C) stratified sampling
• D) cluster sampling
• E) respondent sampling

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Definitions:

Trading Debt Securities

Refers to the buying and selling of debt securities, such as bonds, in the financial market for short-term profit.

Long-term Assets

Assets that are expected to provide economic benefits to a company for a period longer than one year, such as real estate or equipment.

Exchange Rate

The price of one currency expressed in terms of another currency, determining how much of one currency can be exchanged for another.

Canadian Dollars

The official currency of Canada, represented by the symbol CAD.