A Researcher Is Interested in How Individuals in a Certain

question 58

Multiple Choice

A researcher is interested in how individuals in a certain city feel about the chance of their becoming victims of a crime. To investigate this question, she randomly selects 12 city blocks and then randomly selects a certain number of people from each block. This method of sampling is known as

• A) stratified random sampling
• B) cluster sampling
• C) purposive sampling
• D) nonprobability sampling

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Definitions:

Factor Substitution Effect

The change in the use of factors of production, like labor and capital, resulting from changes in relative prices or technological advancements.

Productivity

The measure of the efficiency of production, often quantified as the ratio of output to input in the production process.

Productivity

Productivity measures the efficiency of production, often quantified as the ratio of output to inputs in the production process across a specific period.

Output

The quantity of goods or services produced in a given time period by a company, industry, or country.