Explain and Briefly Distinguish Between Simple Random Sampling,systematic Random Sampling,stratified

question 15

Essay

Explain and briefly distinguish between simple random sampling,systematic random sampling,stratified random sampling,and cluster sampling.Which of these techniques is designed to guarantee representativeness? How?

Identify the characteristics that define common resources, private goods, public goods, and artificially scarce goods.

Differentiate between excludable and nonexcludable goods.

Differentiate between rival and nonrival goods.

Recognize examples of common resources and understand why they are considered as such.