Which Sampling Technique Is an Economically Efficient Sampling Technique in Which

question 31

Multiple Choice

Which sampling technique is an economically efficient sampling technique in which the primary sampling unit is not the individual element in the population but a large cluster of elements?

• A) cluster sampling
• B) stratified sampling
• C) grouped sampling
• D) homogeneous sampling

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Definitions:

Cash Price

The price of an item for immediate payment, as opposed to a higher price when paying on credit.

Productivity

A measure of efficiency, typically defined as the output of goods or services produced per unit of input, such as labor or capital.

Salvage Value

The forecasted remaining worth of an asset after its period of functionality has ended.

Replacement Parts

Components that are designed to replace original parts of a machine or system that have worn out or failed.