With Proportionate Stratified Sampling,the Number of Elements Selected from Each

question 68

Multiple Choice

With proportionate stratified sampling,the number of elements selected from each stratum

• A)is in direct proportion to the relative number of elements in each stratum in the population.
• B)is in direct proportion to the relative variability of the characteristic in each stratum in the population.
• C)varies directly with the heterogeneity of each stratum.
• D)varies directly with the homogeneity of each stratum.
• E)None of the above.

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Definitions:

Market Price

The existing rate at which an asset or service is offered for buying or selling.

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the cost per unit of production.

Fixed Cost

Costs that do not change with the level of output or production, such as rent, salaries, and insurance.

Market Price

The actual selling price of a good or service in the marketplace at any given time.