Which of the Following Statements Is Not True About Quota

question 61

Multiple Choice

Which of the following statements is not true about quota sampling?

• A) There is no assurance that the sample is representative.
• B) Many sources of selection bias are potentially present.
• C) An important decision involves the use of proportionate or disproportionate sampling.
• D) Under certain conditions,quota sampling obtains results close to those for conventional probability sampling.

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Definitions:

Opportunity Costs

The potential benefits missed out on when choosing one alternative over another.

IRR

The Internal Rate of Return is a financial metric used to estimate the profitability of potential investments, calculated as the rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

NPV

Net Present Value; a financial metric used to evaluate the profitability of an investment, calculated by subtracting the initial investment from the present value of cash inflows.

AAR

Average Annual Return; calculating the mean annual return of an investment over a specified time period.