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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.