Business
Business, 18.04.2020 04:54, eysahvdtuj

You and your colleague are designing a study to try to determine the ideal mean cost for a discretionary service. You will market your service to a very large population. Your colleague thinks you will get the best data if you take lots of small samples. You think the data will be more reliable if you take one or two very large samples.

A)You are equally wrong-unless you use stratified sampling, you cannot expect reliable results.
B):You are equally correct-there is little difference in the reliability of these sampling methods.
C)You are equally correct-there is little difference in the reliability of these sampling methods.
D)You are right-the means of a few large samples will yield more reliable results.

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Answers: 2

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