Large Samples Are Not Much More Accurate Than Small Samples

question 3

Multiple Choice

Large samples are not much more accurate than small samples. A sample of a few thousand-even one thousand-is capable of reflecting the opinions of 1 million or 100 million voters fairly accurately. For example, a random sample of one thousand voters across the United States can produce a sampling error (plus or minus) of

• A) 95 percent.
• B) 85 percent.
• C) 3 percent.
• D) 6 percent.

Identify the arguments for and against income redistribution.

Differentiate between various theories of justice (Utilitarian, Rawlsian) regarding income distribution.

Recognize the economic and political considerations in implementing income redistribution policies.

Comprehend the role of marginal utility in income redistribution and its effect on total utility.

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