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Because Low Response Rates Increase the Probability of Response Bias,an

question 57

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Because low response rates increase the probability of response bias,an attempt should always be made to improve the response rate.


Definitions:

Partnerships

A legal form of business operation between two or more individuals who share management and profits.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, giving them partial ownership of the company.

Corporation

A legal entity formed under state or federal statutes that is distinct from its owners (shareholders), providing limited liability protection, ease of transferability of shares, and potential tax benefits.

Legal Entity

An individual or organization with legal rights and obligations, including the ability to enter into contracts, sue, and be sued.

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