Which of the Following Is an Example of a Sampling

question 31

Multiple Choice

Which of the following is an example of a sampling error?

• A) The questions contain a limited range of response options.
• B) The person being surveyed has limited knowledge about the subject.
• C) The question is poorly worded.
• D) Not everyone in the population was included in the survey
• E) Respondents did not answer truthfully to the question.

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Definitions:

Compounded Monthly

Compounded monthly refers to the process of calculating interest where the interest earned each month is added to the principal, and the next month's interest is calculated on the new total.

College Tuition

The fee that students pay to cover the cost of instruction at a college or university.

Account

A record summarizing the financial transactions related to a particular aspect of a business's financial activities.

Compounded Annually

A method of calculating interest where the interest earned each year is added to the principal, so that the balance doesn't merely grow, it grows at an increasing rate.