Examlex
In order to get his bachelor's degree, Timothy gave up an offer for a full time job as a bartender. Therefore, Timothy incurred an opportunity cost.
Target Population
The entire group about which a researcher intends to generalize the findings from a study.
Sampled Population
The sampled population refers to the subset of a population that is selected for analysis in a study, representative of the larger group to derive conclusions about it.
Bias
A systematic error or deviation in results or inferences from the truth, often resulting from process flaws or assumptions that affect the validity of results.
Responses
In statistics, the answers or reactions of subjects from a survey or experiment.
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