Which of the following sampling methods is the most statistically efficient (the most representative)?

a. simple random
b. systematic random
c. stratified random
d. cluster
e. All are equally statistically efficient.

Answer: c. stratified random

Business

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Standardization is an appropriate strategy in which stage of the product life cycle?

A) introduction B) growth C) maturity D) decline E) retirement

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Typically, what is the number of skill blocks used in skill-based pay programs?

A) 1 B) 1 to 2 C) 1 to 3 D) 2 or more

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