Which of the Following Statements About Cluster Sampling Is True

question 48

Multiple Choice

Which of the following statements about cluster sampling is true?

• A)Each cluster is assumed to be representative of the homogeneity of the target population.
• B)The prospective sampling units are selected for the sample using systematic random sampling.
• C)Area sampling is a form of cluster sampling.
• D)In practice, cluster sampling is difficult to implement.
• E)Cluster sampling requires a substantially large budget.

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Definitions:

Pre-tax Gain

Income generated before any taxes have been applied.

Investment Account

An account held at a financial institution that is used for holding and trading investments such as stocks, bonds, and mutual funds.

Equity Method

An accounting technique used to record investments in other companies, where the investment's value is adjusted based on changes in the investee's equity.

After-tax Gain

The profit remaining after all taxes have been deducted.