If a Sample Is Selected from a Population,the Sample Mean

question 51

Multiple Choice

If a sample is selected from a population,the sample mean is essentially guaranteed to be different from the population mean.In general,the naturally occurring difference between a sample statistic and the corresponding population parameter is called ____.

• A)​type I error
• B)​type II error
• C)sampling error
• D)​inferential error

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Definitions:

Productivity Growth Rate

The rate at which the output of goods and services per unit of input (such as labor) increases over a specific period.

Output Per Capita

The total value of all goods and services produced by an economy in a given period divided by the population size.

Per Capita Output

A measure of a country's economic output that divides the total gross domestic product (GDP) by its population.

Labor Force

The total number of people available for work, including both the employed and those unemployed but seeking employment.