Which of the Following Is True of Simple Random Sampling

question 42

Multiple Choice

Which of the following is True of simple random sampling?

• A) It produces unbiased estimates of a target population's characteristics.
• B) It eliminates the need to identify all sampling units.
• C) It is less costly when compared to systematic random sampling because it can be done quickly.
• D) It requires that a defined target population be ordered in some way, usually in the form of a customer list, taxpayer roll, or membership roster.
• E) It does not require the sampling units to be given any special code prior to drawing a sample unlike systematic random sampling.

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Definitions:

Stakeholder Representatives

Individuals or groups who act on behalf of the interests of stakeholders in a company or project, ensuring their voices are heard in decision-making processes.

Boards of Directors

The group of individuals elected by shareholders to oversee the management and direction of a corporation.

Life Cycle

The series of stages that an organism, product, or system goes through from its inception to its termination or end.

Market Research

The process of gathering, analyzing, and interpreting information about a market, including potential customers and competitors.