The primary advantage of cluster sampling is sampling convenience (and possibly less cost). The downside, however, is that the inferences drawn from a cluster sample can be less accurate, for a given sample size, than for other sampling plans
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
An analysis of a proposal by the net present value method indicated that the present value of future cash inflows exceeded the amount to be invested. Which of the following statements best describes the results of this analysis?
A) The proposal is desirable and the rate of return expected from the proposal exceeds the minimum rate used for the analysis. B) The proposal is desirable and the rate of return expected from the proposal is less than the minimum rate used for the analysis. C) The proposal is undesirable and the rate of return expected from the proposal is less than the minimum rate used for the analysis. D) The proposal is undesirable and the rate of return expected from the proposal exceeds the minimum rate used for the analysis.
In a time of steadily increasing vendor prices with inventory levels staying the same, the FIFO inventory method will result in:
a. a lower inventory amount on the balance sheet at the end of the year compared to LIFO. b. the same cost of goods sold amount as that produced by LIFO. c. a higher cost of goods sold than that produced by the weighted-average method. d. a higher inventory amount at the end of the year on the balance sheet compared to the weighted-average method.
An electronic chip manufacturer has a quarterly release of its products. What can you say about its strategy?
What will be an ideal response?
A separate capital account is maintained for each partner in a partnership.
Answer the following statement true (T) or false (F)