Which of the Following Is FALSE

question 7

Multiple Choice

Which of the following is FALSE?

• A) It is not difficult to estimate the size and effects of nonsampling errors.
• B) Reduction of nonsampling error depends on improving method.
• C) Nonsampling errors are not as manageable as sampling errors.
• D) Nonsampling errors arise from weaknesses in research procedure. They are likely to increase with increases in the sample size.
• E) Nonsampling errors contribute more than sampling errors to total error in most surveys.

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Definitions:

Car Dealer

A business that sells new or used cars at the retail level, typically based on a dealership contract with an automaker or sales subsidiary.

Lease

A contractual agreement where one party, the lessor, grants the other party, the lessee, the right to use an asset for a specified period in exchange for payment.

Discount Rate

A rate used to determine the present value of future cash flows; in monetary policy, it refers to the interest rate charged to commercial banks for loans from a central bank.

Trust Agreement

A legal document establishing a trust and outlining the rules and guidelines that the trustees must follow in managing the trust assets for the benefit of the beneficiaries.