Stratified Sampling Is Applicable to Difference, Mean-Per-Unit, and Ratio Estimation

question 126

Multiple Choice

Stratified sampling is applicable to difference, mean-per-unit, and ratio estimation, but it is most commonly used with

• A) ratio estimation.
• B) discovery sampling.
• C) difference estimation.
• D) mean-per-unit estimation.

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Definitions:

Earnings Differential

The difference in wages or salaries arising from differences in occupation, education, experience, or other factors.

Primary Job Market

The sector of the job market that consists of high-paying jobs which often require a higher education or specialized skills.

Income Disparity

The unequal distribution of income within a population, often leading to social and economic inequality.

Economic Rent

Income earned from a factor of production that exceeds the owner's opportunity cost, often due to unique advantages or monopolistic control.