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Basic Question 25 of 30
Which sampling method is most likely used in a survey on a large population, from a time- and cost-efficiency perspective?
A. Simple random sampling
B. Stratified random sampling
C. Cluster sampling
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
compare and contrast simple random, stratified random, cluster, convenience, and judgmental sampling and their implications for sampling error in an investment problem
CFA® 2024 Level I Curriculum, Volume 1, Module 7.