1. Financial analyst Larry Potts needs a sample of 100 securities listed on the

Question

1. Financial analyst Larry Potts needs a sample of 100 securities listed on the New York Stock Exchange. In the current issue of the Wall Street Journal, 2,53 1 securities are listed in the "New York Exchange Composite Transactions, an alphabetical listing of all securities traded on the previous business day. Larry uses a table of ra 100 numbers between I and 2,531. His sample is a a) quota sample ndom numbers to selecu b) simple random sample c) systematic sample d) stratified sample e) cluster sample hour during the ten

Explanation / Answer

In given situation, sample of size 100 is drawn in a complete random fashion from population of size 2531.

So given situation is of simple random sampling.

Answer: B) simple random sample.

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