The Reason Sample Size for Online Surveys Generally Exceeds That

question 41

Multiple Choice

The reason sample size for online surveys generally exceeds that determined statistically is because ________.

• A) the population variance is larger online
• B) the population variance is smaller online
• C) federal regulations require larger samples online
• D) statistics become less relevant online because statistical theory is weaker online
• E) the marginal cost of collecting and analyzing larger sample is low

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Definitions:

Economies of Scale

The cost advantages that enterpises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Learning-by-doing

Learning-by-doing is the process of improving skills and efficiency in a task or operation through practical experience and repetition over time.

Labor Specialization

The division of labor where individuals focus on a narrow area of expertise, improving efficiency and productivity.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.