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Statistics
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Basic Business Statistics
Quiz 8: Sampling Methods and the Central Limit Theorem
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Question 1
True/False
It is often not feasible to study the entire population because it is impossible to observe all the items in the population.
Question 2
True/False
The items or individuals of the population are arranged in a file drawer alphabetically by date received.A random starting point is selected and then every k
th
member of the population is selected for the sample.This sampling method is called simple random sampling.
Question 3
True/False
Sampling a population is often necessary because the cost of studying all the items in the population is prohibitive.
Question 4
True/False
If the size of a sample equals the size of the population,we would not expect any error in estimating the population parameter.
Question 5
True/False
A simple random sample assumes that each item or person in the population has an equal chance of being included.
Question 6
True/False
When systematic random sampling is used,the central limit theorem cannot be applied.
Question 7
True/False
The central limit theorem implies that for adequate sample size,the sampling distribution of the sample mean is approximately normal.
Question 8
True/False
In stratified random sampling,a population is divided into strata using naturally occurring geographic or other boundaries.Then strata are randomly selected and a random sample is collected from each strata.