Which Statement Is Correct

question 58

Multiple Choice

Which statement is correct?

• A)Judgment sampling is preferred to systematic sampling.
• B)Sampling without replacement introduces bias in our estimates of parameters.
• C)Cluster sampling is useful when strata characteristics are unknown.
• D)Focus groups usually work best without a moderator.

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Definitions:

Direct Quotes

A method of quoting exchange rates in foreign exchange markets where the domestic currency is the base and the foreign currency is the quoted currency.

Canadian Dollar

The official currency of Canada, represented by the symbol CAD or C$, often used in international finance and trade.

Japanese Yen

The official currency of Japan, represented by the symbol ¥.

Euro

The official currency of the Eurozone, which is used by most European Union countries and is one of the world's major currencies.