Examlex
Nico owns 100 shares of Stock X which has a price of $12 per share and 200 shares of Stock Y which has a price of $3 per share. What is the proportion of Nico's portfolio invested in stock X?
Stratified Sample
A sampling method that divides a population into subgroups, or strata, and selects members from each stratum to ensure representation.
Convenience Sample
A sampling technique where participants are selected based on their accessibility and proximity to the researcher.
Convenience Sample
A non-random sample selected because of its accessibility and ease of inclusion in the study, not representing the whole population accurately.
Judgment Sample
A sampling technique where the samples are selected based on the judgment of the researcher, rather than random selection.
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