Which of the Following Effects from a Policy Would Be

question 4

Multiple Choice

Which of the following effects from a policy would be considered a feedback effect?

• A) After a famer adopts a new technology food supply increases,which lowers the price he charges for selling his crop
• B) A farmer adopts a new technology and enjoys better profits
• C) Any effect on the well-being of groups other than the directly affected
• D) All of the above are feedback effects

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Definitions:

Population Parameter

A numerical value that represents a characteristic of an entire population, such as its mean, variance, or standard deviation.

Population Variance

The variance computed for the entire population, reflecting the spread of all values in that population.

Sample Standard Deviation

A measure of the dispersion or variability in a sample dataset, quantifying the amount of variation or spread of data points.

Unbiased Estimator

An unbiased estimator is a statistical estimator that, on average, equals the parameter being estimated, ensuring accuracy over many samples.