A Cluster Sample Occurs When You Randomly Select Groups,and for Each

question 26

True/False

A cluster sample occurs when you randomly select groups,and for each group selected,you sample every single member of that group.

---

Definitions:

Step-fixed Costs

Costs that remain constant for a certain level of activity, but can change when a new activity level is reached.

Unit Costs

The cost incurred to produce, store, or purchase one unit of a product or service.

Production

The process of creating, manufacturing, or generating goods and services.

Cost Curve

A graphical representation showing the cost of producing different quantities of a good or service.