--%>
Assignment Help - homework help

Classification of Surveys as probabilistic sampling

Surveys can be classified as probabilistic sampling:

• Simple random sampling: If you have a relatively small, self-contained, or clearly stated population, such as a city, you might simply obtain a list of the entire population and then randomly select individuals from the list to answer a survey.

• Stratified random sampling: Whenever you want to ensure the population reflects the known demographics or distributional characteristics of the source population, you might need to stratify your sample, making sure that you over sample small cohorts of the population to get significant results for smaller groups.

• Systematic random sampling: If you have a large list of members of a source population, you might choose to select every 10th or 100th individual. As long you have a fixed sampling interval, this is the same as random sampling.

• Cluster (area) random sampling: If you had population clusters, you could sample from each one or randomly select a few clusters and sample from them. This is termed as multi-stage sampling, which refers generally to any mixing of sampling methods.

   Related Questions in Microeconomics

  • Q : Marginal revenue for the pure monopolist

    Give the answer of following question. Price exceeds marginal revenue for the pure monopolist because the: A) law of diminishing returns is inapplicable. B) demand curve is downsloping. C) monopolist produces a smaller output than would a purely competitive firm. D) d

    		•
  • Q : Outcome of a purely competitive market

    When cost conditions are otherwise identical, compared to the outcome of a purely competitive market, in that case a monopolist: (w) produces less and charges more. (x) maximizes total profits whenever possible. (y) confronts a demand curve where P =

    		•
  • Q : Probable quantity of the good by price

    Price discrimination which successfully increases profit does NOT needs the firm to be capable to: (1) separate the market within different groups along with different demand elasticities. (2) maintain entry barriers which defend a firm’s market

    		•
  • Q : Price elasticity of demand when price

    The Hobbit family buys 72 vegetarian specials yearly at a price of $3.00 each but would consume 192 yearly when the price dropped to $2.40. Therefore their price elasticity of demand is: (w) 4.09. (x) 2.05. (y) 6.15. (z) 0.26.

    Q : Intermediate economics hw help I don't

    I don't know how to do this kind of homework

    		•
  • Q : Production Costs of goods problem I

    I have a problem in economics on Production Costs of goods problem. Please help me in the following question. In order to provide more goods on the market, firms increase prices to cover: (1) Rising opportunity costs in the production. (2) Technologic

    		•
  • Q : Demanding more labor in competitive fim

    A competitive firm will demand more labor when: (1) technological advances favor automation. (2) the price of the firm's output rises. (3) more firms enter the industry. (4) the value of the marginal product is below the wage rate. (5) workers utilize

    		•
  • Q : Problem on surplus inventories When the

    When the market price for soccer balls is above the intersection of supply and demand curves, then: (1) Shortages of soccer balls will be extensive. (2) Pressure will exist to raise the price of soccer balls. (3) Salaries paid people who make soccer balls are probable

    		•
  • Q : Wage Discrimination-Monopsonistic

    Whenever an organization’s wage structure reflects the keenness of individual staff to work, terms which are most applicable comprise: (i) Monopsonistic exploitation & wage discrimination. (ii) Monopolistic exploitation and the separation of possession and c

    		•
  • Q : Labor Contracts-Shop Agreements From

    From the point of view of management, the favored union membership ranking (most favored to the least favored) would be: (i) Closed shop, union shop, agency shop and open shop. (ii) Open shop, agency shop, union shop and closed shop. (iii) Agency shop, open shop, clos

    		•