Imagine You Want to Gather Information About the Use of Alcohol

question 26

Essay

Imagine you want to gather information about the use of alcohol on your campus. You know that it is impossible to gain information from the entire school so you decide to collect a sample. What would be your sampling frame? Then write one reason why the quality of your sample is important to the generalizability of your results. How could you be confident that your sample is representative of the students at the entire school?

---

Definitions:

Hedge Fund Manager

An individual or firm responsible for making investment decisions in a hedge fund to maximize returns and minimize risks.

Survivorship Bias

The error of focusing only on the entities that have survived some process and overlooking those that have failed.

Mutual Funds

Shareholder-funded investment platforms which engage in trading within diversified portfolios under professional management.

Lock-up Restrictions

Contractual limitations on the sale of securities, typically imposed on company insiders following an initial public offering.