At the Same Time That the Literary Digest Inaccurately Predicted

question 24

Multiple Choice

At the same time that the Literary Digest inaccurately predicted the 1936 presidential election, George Gallup was using what type of methodology to more accurately make predictions from polling data?​

• A) ​game theory
• B) ​distribution theory
• C) ​population control theory
• D) ​probability sampling methods
• E) ​distributive properties methods

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Definitions:

Mortgage Loans

Loans secured by real property through the use of a mortgage note, typically used to purchase real estate.

Moderate Incomes

Earnings that are neither too high nor too low, often associated with the middle class in a given society.

Interest Rates

The cost of borrowing money or the return for investing, expressed as a percentage of the principal, influencing consumer and business spending.

Interest-sensitive Goods

Products or services whose demand is heavily influenced by changes in interest rates, such as housing and automobiles.