When Conducting a Study in Which It Is Not Possible

question 10

Multiple Choice

When conducting a study in which it is not possible to determine the true number of subjects who meet eligibility criteria and obtaining a random sample would be time consuming and expensive,the researcher will use which sampling method?

• A) Cluster sampling
• B) Simple random sampling
• C) Stratified random sampling
• D) Systematic sampling

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Definitions:

Loss

The result of a company or individual spending more money than they receive.

Equilibrium

An equilibrium in the market where demand equals supply, causing price stability.

Kinked-demand Model

A model used to explain price stability in oligopolistic markets, suggesting that firms may not change their pricing in response to small changes in costs or demand due to a perceived kink in the demand curve.

Price Increases

A rise in the cost of goods and services over a period of time, often measured as a percentage.