Nonsampling Error That Results When the Incorrect Measurement of the Population

question 10

Multiple Choice

Nonsampling error that results when the incorrect measurement of the population characteristic of interest is which of the following?

• A) Coverage error
• B) Nonresponse error
• C) Measurement error
• D) Research error

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Definitions:

Nonrival in Consumption

Nonrival in Consumption describes a good where one individual's consumption does not reduce availability to others, such as a public broadcast.

Efficient Price

Price level at which the quantity demanded and supplied in a market are at equilibrium, leading to an optimal distribution of resources.

Common Resources

Resources like air or water that are not owned by anyone, cannot be consumed by one user without reducing available supply for others, and are available to all.

Private Market

A market in which transactions occur directly between private sector buyers and sellers without significant government regulation or intervention.