Examlex
Literary Digest's prediction of the winner in the 1936 presidential election suffered from which common polling errors?
I.Wealthy Republicans were oversampled.
II.Polls were taken in early September,and voters changed their minds by November.
III.Only property owners were included in the sample.
IV.The polling relied heavily on self-selected respondents.
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The Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care.
GDP Deflator
A measure of the level of prices of all new, domestically produced, final goods and services in an economy.
Bureau of Labor Statistics
A federal agency in the United States dedicated to gathering and examining data on job market trends, conditions of employment, and variations in pricing.
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