Why Do We Systematically Determine Sample Size? Select the Best

question 15

Multiple Choice

Why do we systematically determine sample size? Select the best answer.

• A)Because the IRB process requires it
• B)Because of the size needed for statistics
• C)Because our advisor recommends it
• D)Because our findings require it

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Definitions:

Individual Marginal Benefits

The additional satisfaction or utility that an individual gains from consuming one more unit of a good or service.

Consumer

An individual or group that purchases goods or services for personal use.

Marginal Cost

The cost of producing one additional unit of a good or service, which is used in determining the optimal production level.

Streetlight

A light, typically mounted on a pole, providing illumination for a street or public area to enhance safety and visibility at night.