If a Researcher Has a List of 10,000 Elements and Wants

question 18

Multiple Choice

If a researcher has a list of 10,000 elements and wants to sample 1000 and selects every 10th element she is using:

• A) simple random sampling
• B) cluster sampling
• C) systematic sampling
• D) Quota sampling

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Definitions:

Output

The amount of goods or services produced by a business, industry, or economy.

Production and Pricing

The process of determining the cost and price for goods or services created by a business.

External Benefits

Advantages or positive effects that extend to parties not directly involved in a transaction or activity.

Competitive Market

A market scenario where there are many buyers and sellers, and no single entity has the power to significantly influence the prices of goods and services.