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A Researcher Wants to Be Able to Assess the Amount

question 72

Multiple Choice

A researcher wants to be able to assess the amount of "sampling error" associated with an estimate.Which of the following sampling methods would you recommend he use?


Definitions:

Market Wage Rate

The prevailing rate of pay for a specific job or occupation in a labor market, influenced by supply and demand for labor.

Diminishing Returns

A principle stating that as investment in a single area of production increases, the rate of return from that investment, after a certain point, begins to decrease.

Worker

A person engaged in work, especially in manual or industrial labor, often for wages.

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