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The Emergence of Large and Liquid Private Capital Flows to Developing

question 9

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The emergence of large and liquid private capital flows to developing countries contributed to a rash of financial crises during the 1990s.


Definitions:

Standard Error

A measure of the accuracy with which a sample distribution represents a population by using the standard deviation of the sample.

Confidence Interval

A set of numbers, taken from sample-based statistics, that is probable to contain the estimated value of an unspecified population parameter.

Population Standard Deviation

A measure of the spread or dispersion of a set of data points in a population.

Sampling Error

The discrepancy between a sample statistic and the actual population parameter, which arises purely by chance from random sampling.

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