Bias Is a Serious Problem That Sometimes Arises When One

question 31

Essay

Bias is a serious problem that sometimes arises when one takes a sample.
(a)In a few sentences, explain generally what bias is.
(b)What is the distinction between response bias and non-response bias?

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Definitions:

Stock Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific time frame.

APB No.25

An accounting principle that dealt with stock-based compensation and required companies to record an expense for issued options.

Vesting Period

The period of time an employee must work before gaining full access to their benefits or compensation plans, such as pension plans or stock options.

Stock Options

Financial instruments that give employees the right to buy or sell shares of their company at a predetermined price.