Stratified Random Sampling Is a Method of Selecting a Sample

question 61

Multiple Choice

Stratified random sampling is a method of selecting a sample in which

• A)the sample is first divided into strata, and then random samples are taken from each stratum
• B)various strata are selected from the sample
• C)the population is first divided into strata, and then random samples are drawn from each stratum
• D)None of these alternatives is correct.

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Definitions:

Interest Rate

The rate, calculated as a percentage of the principal, which a lender requires a borrower to pay for borrowing assets.

Money Market

A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded.

Excess Supply

A market condition where the quantity of a good supplied exceeds the quantity demanded at a given price, leading to surpluses.

Liquidity Preference Theory

A theory suggesting that investors demand higher yields on long-term securities as compensation for the increased risk of holding them longer.