An advantage of stratified simple random sampling is that?
A. ?only a portion of the strata must be sampled.
B. ?estimates of population parameters for each stratum are automatically available.
C. ?desired precision and sample size are independent decisions.
D. ?the strata are automatically formed.
Answer: B
You might also like to view...
Which of the following is the most constructive response a market leader can make when defending its market share?
A) maintain basic cost control B) innovate continuously C) provide desired benefits D) meet challengers with a swift response E) provide expected benefits
Which of the following is not one of the major sections of the Comprehensive Annual Financial Report (CAFR)?
A. Financial B. Statistical C. Budgetary D. Introductory
In the context of organizational models, which of the following statements is true of matrix organizations?
A. They are less flexible than line-and-staff organizations. B. They create a lower level of motivation and satisfaction for employees than line organizations. C. They bring together specialists from different areas of the organization to work on individual projects on a temporary basis. D. They reduce conflict and stress among employees as they need to report to only one boss.
A friend of yours plans on opening a home cleaning service. She has decided to "delight" her customers to gain a competitive advantage over her similar services. For example, while other cleaning crews vacuum, dust and mop, she will have her employees do extras like cleaning the fireplace, washing clothes and bathing pets. She believes these extra services on top of what customers expect will guarantee her success. What information can you provide her with that may help her develop a profitable business?
What will be an ideal response?