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Economics plays a role in the sampling process. Which statements correctly describe this relationship? Multiple select question. There are economies of scale in using a
Economics plays a role in the sampling process. Which statements correctly describe this relationship? Multiple select question. There are "economies of scale" in using a very large sample. The cost of studying an entire population may be prohibitive. Larger samples cost more, and increasing size gives diminishing marginal returns in accuracy. Doubling sample size doubles accuracy and is worth the cost
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