Unbiased Estimates ______

question 19

Multiple Choice

Unbiased estimates ______.

• A)subtract 1 from the sample size
• B)add 1 to the sample size
• C)do not change the sample size
• D)multiply the sample size by 1

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Definitions:

Nonrenewable Resource

A natural resource that cannot be replaced once it has been used or is not replenished in a short period of time, such as fossil fuels and minerals.

Removal

The process of moving or eliminating something from a certain place or context.

User Cost

The cost of using a good or service, considering both the expense of use and the opportunity cost of not using an alternative.

Extraction Cost

The expenses associated with removing natural resources from the earth, such as mining, drilling, or harvesting.