The optimal number of strata depends on _______.
A)a determination by senior management
B)the pattern of variation in the population values and the additional costs associated with designing, executing, and evaluating each stratified sample
C)the pattern of variation only
D)the additional costs associated with designing, executing, and evaluating each stratified sample only

Question

Quizplus · Accepted Answer

The optimal number of strata should be based on the pattern of variation in the population values and the additional costs associated with designing, executing, and evaluating each stratified sample. Other factors like senior management decisions may not always result in the most efficient or effective sampling strategy.

The Optimal Number of Strata Depends on _______