The Primary Reasons for Using Nonprobability Samples When Conducting a Survey

question 44

Multiple Choice

The primary reasons for using nonprobability samples when conducting a survey include all of the following EXCEPT:

• A)the conclusions require a sample that is representative of the entire population.
• B)a limited time to collect data.
• C)a limited budget to collect data.
• D)the difficulty in recruiting a probability sample.

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Definitions:

Fair Price

A price considered reasonable or justifiable for a product or service, often based on factors like cost, market demand, and ethical considerations.

Efficient Means

Methods or processes that maximize productivity and minimize waste, costs, or effort, leading to optimal performance or output.

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A type of auction in which sellers compete to obtain business by offering the lowest price for their goods or services, and the buyer selects from among these offers.

Price Determination

The process of setting the price of a product or service based on costs, market demand, and competitive factors.