Which Type of Sampling Error Is Primarily Due to the Nature

question 67

Multiple Choice

Which type of sampling error is primarily due to the nature of a study's design and the correctness of execution?

• A)random sampling error
• B)systematic sampling error
• C)primary sampling error
• D)secondary sampling error

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Definitions:

M2

M2 is a measure of money supply that includes all elements of M1 (cash and liquid assets) plus near money, such as savings deposits, money market securities, and other time deposits, which are less liquid but can easily be converted into cash or checking deposits.

M1

M1 is a category of the money supply that includes physical currency and coin, demand deposits, traveler's checks, and other liquid funds.

Nondepository Financial Institution

Institutions that do not accept traditional demand deposits but instead offer financial products such as mutual funds, insurance, and securities.

Insurance Company

A financial institution that provides coverage, compensating financial losses during events like accidents, theft, or natural disasters, in exchange for premiums.