Which of the Following Is True of Cluster Sampling

question 32

Multiple Choice

Which of the following is True of cluster sampling?

• A) Each cluster is assumed to be representative of the homogeneity of a target population.
• B) The prospective sampling units are selected for a sample using systematic random sampling.
• C) Area sampling is a popular form of cluster sampling.
• D) In practice, cluster sampling is difficult to implement.
• E) Cluster sampling requires a substantially large budget.

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Definitions:

FOB Destination

A shipping term indicating that the seller bears the shipping costs and retains ownership of the goods until they are delivered and accepted by the purchaser.

Ending Inventory

The combined worth of sales-ready goods at the close of a financial period.

Goods In Transit

Items that are in the process of being transported from one location to another, not yet reached the buyer or final destination.

Gross Profit

The financial metric that subtracts the cost of goods sold from sales revenue, representing the amount a company makes after covering the direct costs associated with production.