When Might You Need a Larger Sample to Represent the Population

question 37

Multiple Choice

When might you need a larger sample to represent the population?

• A) the amount of variability within groups is high
• B) the amount of variability within groups is small
• C) the difference between the two groups is great
• D) both a and c

---

Definitions:

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often through industrial growth and infrastructure improvement.

GDP

Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period.

Market Value

The current price at which an asset or service can be bought or sold in the marketplace.

Goods and Services

The fundamental output of businesses to customers; goods are tangible items, whereas services are intangible offerings.