Which of the Following Are Not True Concerning Sampling Error

question 50

Multiple Choice

Which of the following are not true concerning sampling error?

• A) if many independent random samples are drawn from a population, then the sample statistics from those samples are distributed in a predictable way around the population parameter
• B) probability theory allows us to use a formula to estimate how closely the sample statistics are clustered
• C) the standard error identifies how spread out or clustered the sample statistics are around the population parameter
• D) sampling error allows us to know if we selected the wrong subjects for our sample

---

Definitions:

Vicious-Circle-Of-Poverty

A self-perpetuating condition where poverty leads to circumstances that perpetuate poverty, making it difficult to break the cycle.

Capital Stock

For a single firm, the current market value of the firm’s plant, equipment, inventories, and intangible assets.

Economic Policies

Strategies and decisions by governments concerning the monetary system, taxation, market regulations, and public spending to influence the economy.

Goods And Services

The output of an economy that is provided to consumers, including tangible products (goods) and intangible items (services).