A Researcher Might Use Matrix Sampling When

question 119

Multiple Choice

A researcher might use matrix sampling when

• A) the number of non-respondents is large.
• B) simple random sampling is not feasible.
• C) the instrument contains a heterogeneous collection of items.
• D) the instrument contains a large number of items.

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Definitions:

Profits

The financial gain achieved when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Concentration Ratios

Measures that indicate the extent to which a small number of firms occupy a large market share within an industry.

Covert Collusion

Secret or concealed agreements between firms to fix prices, limit production, or divide markets, in order to increase profits illegally.

Demand Curve

A graphical representation of the demand schedule showing the inverse relationship between price and quantity demanded.