The size of a random sample depends on the client's desired accuracy(acceptable margin of sample error)balanced against:
A)The ability of the research firm to collect the data.
B)The time required to collect the proper data.
C)The research objectives.
D)The cost of data collection for that sample size.

Question

Quizplus · Accepted Answer

The size of a random sample is often determined by balancing the desired accuracy with the cost of data collection, as larger samples generally provide more accurate results but also incur higher costs.

The Size of a Random Sample Depends on the Client's