Which One of the Following Statements About Sampling Error Is

question 27

Multiple Choice

Which one of the following statements about sampling error is accurate?

• A) A sample size of 100 typically results in a sampling error of 1 percent.
• B) Sampling error generally decreases as the sample size increases.
• C) A sample size of 1,000 typically results in a sampling error of 6 percent.
• D) Sample size generally does not matter in national public opinion polls.

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Definitions:

Cosureties

Cosureties are multiple parties that collectively agree to be surety, sharing the liability and responsibility for fulfilling the principal's obligations.

Absolute Sureties

Individuals or entities that guarantee the performance of a debtor or contractual obligations without any conditions.

Financing Statement

A document filed by a creditor to indicate a security interest in the assets of a debtor, typically used in secured transactions.

Trade Name

The commercial name under which a business operates and is known to the public, distinct from the business's legal name.