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The Difference Between Simple Random Sampling and Systematic Random Sampling

question 47

Multiple Choice

The difference between simple random sampling and systematic random sampling is that systematic random sampling:


Definitions:

Marginal Benefit

The increase in satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Optimal Amount

The ideal quantity of a good or resource that maximizes efficiency or value.

R&D

Stands for Research and Development, a business or government activity that involves the investment of resources in developing new products, services, or processes.

Total Utility

The total satisfaction or benefit obtained from consuming a particular quantity of goods or services.

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