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Author Question: Which of the following sampling methods is a probabilistic sampling method? a. judgment sampling ... (Read 112 times)

Chelseaamend

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on: Jun 24, 2018
Which of the following sampling methods is a probabilistic sampling method?
 a. judgment sampling
  b. convenience sampling
  c. cluster sampling
  d. None of the answers is correct.

Question 2

Suppose that a firm's sales were 3,750,000 five years ago and are 5,250,000 today. What was the geometric mean growth rate in sales over the past five years?


k.lashomb

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Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

If Rg is the geometric mean, then
3,750,000 (1 + Rg)5 = 5,250,000  Rg = 0.0696 or 6.96


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