The Measure of the Amount of Random Sampling Error in a Survey's

question 139

Multiple Choice

The measure of the amount of random sampling error in a survey's result is known as ____.

• A)r
• B)the p -value
• C)the correlation coefficient
• D)the margin of error

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Definitions:

Expected Rate

An anticipated return on investment, often based on historical data or forecast models, that investors use to make decisions.

Interest Rate

The amount charged by a lender to a borrower for the use of assets as a percentage of the principal.

Profit

Profit denotes the financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Capital Goods

Long-lasting goods acquired or created by businesses to produce other goods or services, including machinery, buildings, and equipment.