Why Is It Important to Analyze the Relationships Between a Sample

question 17

Multiple Choice

Why is it important to analyze the relationships between a sample and full population?

• A)To find out how many data points are necessary to be statistically valid
• B)To help make more informed statements about a population
• C)To bring diverging data into analysis
• D)To limit variance

Analyze improvements in energy efficiency through output relative to energy consumption.

Identify drivers of resource demand over time.

Trace the historical trends of world commodity prices.

Recognize primary sources of electricity generation in the U.S.

---

Definitions:

Promise

A promise is a declaration or assurance that one will or will not do something, often creating an expectation or obligation.

Nominal Consideration

A very small or token amount paid in a transaction to make it legally valid, even though the actual value of the transaction may be much larger.

Freedom of Contract

The freedom to enter into and enforce contracts without unnecessary interference by the state.

Adequacy

The state of being sufficient or appropriate in quantity, quality, or degree.