A Major Limitation for Stratified Sampling Is That

question 49

Multiple Choice

A major limitation for stratified sampling is that

• A)the samples so selected are not representative.
• B)it violates the rule of EPSEM.
• C)the samples are non-random.
• D)the exact composition of the population is usually unknown.

---

Definitions:

Pure Competition

A market structure characterized by an extremely large number of sellers and buyers where no single participant has the market power to influence product prices.

Oligopoly

A market structure characterized by a small number of firms controlling a large portion of the market share, often leading to limited competition.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not identical, leading to competition based on quality, price, and marketing.