Regarding Calculating the Probability of Including a Sample Unit in a Probability

question 74

Multiple Choice

Regarding calculating the probability of including a sample unit in a probability sample,which of the following is most accurate?

• A)It can be determined with a high level of accuracy.
• B)Practically speaking,it may be impossible to calculate the probability precisely.
• C)If it cannot be calculated precisely,then the sample is not to be considered a probability sample.
• D)Precise estimates are known and may be found in statistical tables.
• E)Only professional statisticians can determine the accuracy.

---

Definitions:

Foreign Countries

Nations other than one's own, especially when considered as the context for international trade, diplomacy, or cultural exchange.

Purchasing-power Parity

A theory that states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries.

Nominal Exchange Rate

The rate at which one country's currency can be exchanged for another country's currency without adjusting for inflation rates.

Real Exchange Rate

The rate at which goods and services of one country can be exchanged for those of another, adjusting for price level differences.