Which of the Following Regarding Probability Samples Is FALSE

question 109

Multiple Choice

Which of the following regarding probability samples is FALSE?

• A)Evaluation of the precision of a sample result is important to most researchers and therefore they seek to use probability samples whenever possible.
• B)In general,probability sampling requires personnel who are more skilled and experienced than nonprobability sampling.
• C)Probability samples will usually cost substantially more than a nonprobability sample of the same size on a per observation basis.
• D)One real advantage that probability samples have over nonprobability samples is their greater economic efficiency.
• E)Elements of the sample are selected objectively.

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Definitions:

Financial Assets

Assets that derive value from a contractual claim, such as bank deposits, stocks, bonds, and derivatives.

Real Asset

Physical or tangible assets such as real estate, commodities, and natural resources that have intrinsic value.

Bonds

Fixed-income investments where an investor loans money to an entity (corporate or governmental) which borrows the funds for a defined period of time at a fixed interest rate.

Stocks

Shares of ownership in a company, representing a claim on the company's assets and profits.