Which of the Following Is a Major Weakness of a Nonprobability

question 23

Multiple Choice

Which of the following is a major weakness of a nonprobability sample?

• A) Not every element has a known chance of being included in the sample.
• B) It is convenient for the sample taker.
• C) It allows the selection of members,which are not typical.
• D) It is used in small exploratory studies.
• E) It is cost efficient.

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Definitions:

Cross-Price Elasticity

A measure used in economics to show how the quantity demanded of one good changes in response to a change in the price of another good.

Inferior Goods

Goods for which demand decreases as the income of the consumer increases, opposite to normal goods.

Normal Goods

Goods for which demand increases as consumers' income increases, holding all other factors constant.

Cross-Price Elasticity

A measure of how the quantity demanded of one good changes in response to a price change of another good.