When the Sample Accurately Represents the Population,the Results of the Study

question 69

Multiple Choice

When the sample accurately represents the population,the results of the study are said to have a high degree of ______.

• A)quality
• B)validity
• C)error
• D)generalizability

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Definitions:

Treasury Bill

Short-term government securities with maturity periods of one year or less, issued at a discount to their face value.

Exchange Rate

The value of one currency for the purpose of conversion to another, used in international trade and investment.

Natural Rate

Refers to the long-term unemployment rate or interest rate that is observed once the effect of short-term cyclical factors has been removed.

Aggregate Demand

The entirety of demand for goods and services in an economic setting, pegged at an established price level and during a defined time.