Which Statement Is Not True About Judgmental Sampling

question 24

Multiple Choice

Which statement is not true about judgmental sampling?

• A)It does not allow direct generalizations to a specific population.
• B)It may be useful if broad population inferences are not required.
• C)Each population element has a known and equal probability of selection.
• D)An extension of the technique involves the use of quotas.

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Definitions:

Break-even Sales

Break-even sales represent the amount of revenue required to cover all fixed and variable costs, resulting in neither profit nor loss.

Unit Variable Costs

The costs that vary directly with the level of production or sales volume, such as materials and labor, calculated on a per-unit basis.

Break-even Sales

The amount of revenue from sales needed to cover all of a company’s operating expenses, resulting in neither profit nor loss.

Unit Variable Costs

The costs that vary directly with the production volume, including materials and labor, on a per unit basis.