Which of the Following Is a Benefit of Representative Sampling

question 20

Multiple Choice

Which of the following is a benefit of representative sampling?

• A)Representative sampling allows researchers to approximate results with only minor statistical weighting.
• B)Representative sampling is faster and easier than other types of sampling.
• C)Representative sampling allows researchers to use a subset to approximate results to the entire population.
• D)Representative sampling is more reliable than in-depth interviews.

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Definitions:

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, determining foreign exchange rates for every currency.

Organized Exchange

is a regulated marketplace where securities, commodities, derivatives, and other financial instruments are traded between members.

Physical Location

The tangible and geographic place where a business operates or a service is provided.

Foreign Bonds

Bonds issued by a country's entities in the financial markets of another country and typically denominated in the currency of the country in which they are issued.