As Part of an Economics Class Project, Students Were Asked

question 15

Multiple Choice

As part of an economics class project, students were asked to randomly select 500 New York Stock Exchange (NYSE) stocks from the Wall Street Journal. As part of the project, students were asked to
Summarize the current prices (also referred to as the closing price of the stock for a particular
Trading date) of the collected stocks using graphical and numerical techniques. Identify the data
Collection method used in this study.

• A) data from a designed experiment
• B) data collected observationally
• C) data from a published source

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Definitions:

Web Crawlers

Automated programs that browse the internet systematically to index the content of websites for search engines.

Sampling Frame

The list or database from which a sample is drawn in research, representing the larger population of interest.

Relevant Content

Information or data that is directly related and useful to the current topic or situation.

Sampling Error

Sampling error is the discrepancy between the characteristics of a sample and those of the overall population from which it was drawn, affecting the accuracy of results.