Which of the Following Sampling Methods Is the Best Known

question 5

Multiple Choice

Which of the following sampling methods is the best known and most widely used
Probability sampling method in marketing research?

• A)Systematic sampling
• B)Simple random sampling
• C)Area sampling
• D)Convenience sampling
• E)Multi-stage area sampling

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Definitions:

Normal Good

A good for which demand increases when income increases and falls when income decreases, all other factors being equal.

Income Increased

A rise in the amount of money earned from work, investments, or other sources.

Consumption of Strawberries

Refers to the amount of strawberries that are eaten or used by consumers within a specific period.

Commodity X

A placeholder term for any generic good or service in economic discussions or models.