The Bureau of Labor Standards collects a random sample of different goods and services every month in order to achieve statistical uniformity.

Question

Quizplus · Accepted Answer

The Bureau of Labor Statistics (not Standards) uses a systematic sampling method to select the goods and services included in the Consumer Price Index (CPI), which is intended to be representative of the overall market basket of goods and services consumed by households in the United States. The CPI is used to monitor changes in the cost of living over time.

The Bureau of Labor Standards Collects a Random Sample of Different