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Explain How Systematic or Nonsampling Error Occurs in Experiments and Discuss

question 28

Essay

Explain how systematic or nonsampling error occurs in experiments and discuss ways to minimize it.


Definitions:

Tax Rate

A proportion or rate at which an individual or business is taxed by the government, often expressed as a percentage.

Dividends Paid

The total amount of money distributed to shareholders from a corporation's earnings.

Retention Ratio

The percentage of net earnings not paid out as dividends but kept by the company for reinvestment.

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