A Nonresponse Error Occurs When Subjects

question 6

Multiple Choice

A nonresponse error occurs when subjects:

• A) Make a factual error in their response to a questionnaire, telephone survey, in-person interview, or an Internet survey.
• B) Are forced or required to respond to a survey and randomly input answers rather than giving truthful answers.
• C) Do not respond and share a commonality among themselves that is different from subjects who do respond.
• D) Actually respond, but the researcher makes a typographical error inputting the data OR fails to include data that was meant to be included within the data set.

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Definitions:

Investment Required

The total amount of capital needed to undertake a project, investment, or start a business.

Net Present Value

A method used in capital budgeting to determine the profitability of an investment or project, by calculating the difference between the present value of cash inflows and outflows over a period of time.

Annual Cash Inflows

The total amount of money received by a business, project, or investment on an annual basis from its operational activities.

Discount Rate

The interest rate used to discount future cash flows to present value, often used in capital budgeting.