A Random Sampling Has Been Taken from a Normally Distributed

question 70

Multiple Choice

A random sampling has been taken from a normally distributed American population of respondents with 60% white, 30% black, 10% Hispanic, 50% male, and 50% female. The sample contains the following characteristics: 90% white, 10% black, 0% Hispanic, 50% male, and 50% female. This sampling is likely to contain which of the following sampling errors?

• A) oversampling of black respondents
• B) undersampling of male respondents
• C) oversampling of white respondents
• D) undersampling of Hispanic respondents

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Definitions:

Misrepresentation

A false statement or deception made by one party that induces another to enter into a contract or agreement.

Market Price

The current price at which an asset or service can be bought or sold in a marketplace.

Liable

Being legally responsible for something, especially in terms of owing money or being obligated to perform under the terms of a contract.

Real Estate Agent

A professional authorized to negotiate and conduct real estate transactions on behalf of sellers and buyers.