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Basic Question 26 of 30
Which statement(s) regarding cluster sampling is/are false?
I. All the clusters are included in a cluster sampling.
II. Cluster sampling is commonly used in market survey.
III. A cluster is considered a sampling unit.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
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® 2025 Level I Curriculum, Volume 1, Module 7.