Which of the following sampling methodology statements do you agree with?
A. Always choose the method most suited to the problem, irrespective of all other factors
B. The rarer the population, the larger the sample size should be
C. Sample size is more important than sample methodology
D. We should use probability method for the important business decision
Answer: Option D
This Question Belongs to Commerce >> Business Statistics And Research Methods
A. The central limit theorem
B. The law of statistical regularly
C. The law of inertia of large numbers
D. None of the above
The difference between sample statistic and its corresponding population parameter is
A. Sampling error
B. Measurement error
C. Coverage error
D. Non-response error
A. Both (A) and (R) are true
B. (A) is true, but (R) is false
C. (A) is false, but (R) is true
D. Both (A) and (R) are false
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