A Stratified Sampling Technique Is Used When the Population Can

question 11

True/False

A stratified sampling technique is used when the population can conveniently be subdivided into relatively small and geographically compact units.

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Definitions:

Equipment

Assets used in the operations of a business, typically consisting of machinery, tools, and vehicles.

Stock

Ownership shares in a corporation, representing a claim on part of the corporation's assets and earnings.

Stockbroker

A person licensed to assist investors in buying and selling securities for a commission.

Securities Analyst

A financial professional who conducts research, analyzes securities, and provides investment recommendations based on their findings.