The Relationship Between Sample Size and Sampling Error Is ______

question 53

Multiple Choice

The relationship between sample size and sampling error is ______.

• A) the smaller the sample, the smaller the sampling error will be
• B) the larger the sample, the smaller the sampling error will be
• C) sampling error and poll size are unrelated
• D) the wording of the poll questions will determine sampling error
• E) sampling size and sampling error are related only if the poll contains sampling bias

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Definitions:

Gross Investment

The total amount spent on purchases of new capital assets and replacement of depreciated assets within a specified period.

Net Investment

The total spending on new capital minus the replacement of depreciated capital, indicating the actual addition to the capital stock in an economy.

GDP Deflator

An economic metric that converts the gross domestic product (GDP) from current market prices into constant dollar terms in order to measure the real growth of an economy, excluding the effect of inflation.

GDP Deflator

An economic measure of inflation that reflects changes in the price level of all goods and services produced domestically, adjusting nominal GDP into real GDP.