Question: Under what circumstances is a stratified random sample preferred to a simple random sample?

Under what circumstances is a stratified random sample preferred to a simple random sample?

Step by Step Solution

★★★★★

3.52 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Stratified random sampling is prefer... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Research Methods Behavioral Questions!

Q:

Under what circumstances is a proportionate stratified random sample preferred to a simple random sample?

Q:

Explain the advantages and disadvantages of a stratified random sample compared with a proportionate stratified random sample.

Q:

Under what circumstances is a contingent liability disclosed only in the notes to the financial statements? Under what circumstances is a contingent liability not recorded in the accounts nor...

Q:

Provide an example of when you might want to take a stratified random sample instead of a simple random sample, and explain what the advantages of a stratified sample might be. C.6. Provide an...

Q:

What is the correct option? Statistics A good reason for a market researcher to use a stratified random sample rather than a simple random sample is: convenient data collection. O to eliminate bias....

Q:

Question 11 pts Which of the following is false ? Group of answer choices There is nothing wrong with having people voluntarily respond to surveys and questionnaires. Three methods we can use to find...

Q:

Statistics: Normal distribution 133de4a29aaa8c74486c50e4e5c8fc58 21 Day weight Time Chick Diet Random 196 35 2 18 10.124555984 293 39 0 27 20.224877908 365 39 n 33 3 0.57001214 195 39 1 29...

Q:

Please assist with explanations on a doc. it is q2, q8, q38, q40, q 48 lleIS A high school's studelit co. . . . newspaper plans to survey local businesses about the tion pg 208 importance of students...

Q:

A1-5) [15 points] The file P03_22.xlsx lists financial data on movies released from 1980 to 2011 with budgets of at least $20million. [5 points] Reduce the size of this data set by deleting all...

Q:

5. [4 marks] All pharmacists in the Canadian province of Ontario are required to be members of the Ontario College of Pharmacists. At the end of 2015, here are the types of practices that they had:...

Q:

Under the fair value method, how does a corporation determine the total compensation cost for a compensatory share option plan? How does it recognize this amount as compensation expense?

Q:

In late spring, your supervisor assigns you to be the in-charge accountant of your CPA firm's recurring annual audit of a major client, the Lily Company. You are given the engagement letter for the...

Q:

13. Given the functions f(x) = 4 x + 2' and g(x) = 1- x, evaluate f(2), 2 3 f g(3); and If w the The (a) Is it true that f(2) + f(3) = f(2+3)? (b) Is it true that g(4) - g(2) = g(4-2)? (c) Find the...

Q:

gradual, dynamic process, with agreements often being embodied in treaties or conventions that are general frameworks of agreed principles, but in which subsequent negotiation processes determine the...

Q:

Discuss the probable impact on your hometown if a major breakthrough in air transportation allowed foreign producers to ship into any U.S. market for about the same transportation cost that domestic...

Q:

Will the elimination of trade barriers between countries in Europe eliminate the need to consider submarkets of European consumers? Why or why not?

Q:

What and who is the U.S. government attempting to protect in its effort to preserve and regulate competition?

Q:

If managed effectively, Rearden Metal will have assets with a market value of $200 million. $300 million, or $400 million next year. with each outcome being equally likely. Managers, however, may...

Q:

Task # 3 ( CAPM and the equity cost of capital ) You need to estimate the equity cost of capital for XYZ Corp. You have the following data available regarding past returns: a ) What was XYZ ' s...

Q:

Seven years ago, after 15 years in public accounting, Stanley Booker, CPA, resigned his position as manager of cost systems for Davis, Cohen, and OBrien Public Accountants and started Track Software,...