When a Researcher Engages in Quantitative Analysis Using Inferential Statistics

question 26

Multiple Choice

When a researcher engages in quantitative analysis using inferential statistics, the sampling method used in selecting participants for the research project becomes critical. :

• A)Probability sampling methods must be used
• B)Non probability sampling methods must be used.
• C)Purposive sampling methods must be used.
• D)Judgemental sampling methods must be used.

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Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to assess price changes associated with the cost of living.

Compound Annual

A rate that calculates and expresses the cumulative effect of a series of gains or losses on an original amount of capital over a period of time, usually on an annual basis.

Real Rate of Return

The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other external effects.

Portfolio

A portfolio represents a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.