Examlex
Following the use of expansionary fiscal policy in the United States,which of the following events will NOT take place?
Bias
A systematic error or deviation from true results or values, caused by factors that skew the data in a certain direction.
Sampling
The process of selecting a subset of individuals from a population to estimate characteristics of the whole population.
Stratified Random Sampling
A method of sampling from a population where the population is divided into distinct subgroups and samples are drawn from each subgroup.
Simple Random Sampling
A sampling method where each member of the population has an equal chance of being selected, ensuring the sample's representativeness.
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