Which of the Following Is a Probability Sampling Technique Used

question 171

Multiple Choice

Which of the following is a probability sampling technique used to reduce errors within random sampling?

• A) Quota
• B) Stratified
• C) Nonprobability
• D) Cluster
• E) Snowball

Understand how the operating cycle and inventory period affect a firm's accounts receivable and inventory management.

Apply the one-shot and accounts receivable approach to evaluate the net present value of switching credit policies.

Comprehend the effect of discounts on purchases and the calculation of total carrying and restocking costs.

Understand the various stages of cognitive development according to Jean Piaget and their characteristics.

---

Definitions:

Artificial Light

Light produced by electrical means, as opposed to natural light sourced from the sun.

Urban Areas

Regions characterized by high population density and vast human features in comparison to areas surrounding it.

Ozone Depletion

The reduction in the concentration of ozone in the Earth's stratosphere, leading to an increased risk of sun-related skin damage and other environmental issues.

Biodiversity

The variety and variability of life forms within a given ecosystem, region, or on the entire Earth, important for maintaining ecological balance and resilience.