Ricardo Wants to Study the Academic Performance of Graduate Students

question 50

Multiple Choice

Ricardo wants to study the academic performance of graduate students in the U.S. First, he decides that he will study schools in only 15 states and randomly selects those states. He then randomly selects 30 schools from these 15 states. Over a period of 3 months, Ricardo travels to these 30 schools and studies the academic performance of their students. Identify the sampling technique used by Ricardo in this scenario.

• A)Cluster sampling
• B)Quota sampling
• C)Haphazard sampling
• D)Purposive sampling

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering both the interest payments and the capital gain or loss.

Market Price

The price at which an asset or service is traded in the open market.

Treasury Bills

Short-term government securities issued at a discount from the face value and maturing at par, representing a form of borrowing by the government.

Real Rate Of Return

The annual percentage return realized on an investment, adjusted for changes in the price level due to inflation or other external factors.