Which of the Following Statements Is Most Correct Concerning the Quantification

question 122

Multiple Choice

Which of the following statements is most correct concerning the quantification of sampling risk?

• A) Sampling risk cannot be quantified.
• B) Sampling risk can be quantified only when nonprobabilistic selection techniques are used to select the sample.
• C) Sampling risk can be quantified only when probabilistic selection techniques are used to select the sample.
• D) None of the above is correct.

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Definitions:

Practical Rationality

The process of reasoning based on practical considerations, often involving the efficient pursuit of goals using available means.

Abstract Logic

A branch of logic that deals with the study and systematic analysis of abstract forms of argument and reasoning, without necessarily referring to real-world objects.

Everyday Life

Refers to the daily activities, interactions, and routines in which people engage, highlighting the social and cultural meanings infused in the mundane.

Substantive Rationality

A decision-making process that considers the wider impact on society and adheres to ethical, value-based judgments, beyond mere efficiency.