- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 7. Estimation and Inference
- Subject 1. Sampling Methods
CFA Practice Question
Which sampling method is most likely used in a survey on a large population, from a time- and cost-efficiency perspective?
A. Simple random sampling
B. Stratified random sampling
C. Cluster sampling
Correct Answer: C
It offers the most time-efficient and cost-efficient probability sampling plan for analyzing a vast population.
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