Which of the Following Statements Is False

question 95

Multiple Choice

Which of the following statements is false?

• A)Increasing the sample size will always reduce the size of the sampling error when the sample mean is used to estimate the population mean.
• B)Increasing the sample size will reduce the potential for extreme sampling error.
• C)Sampling error can occur when Differs from μ due to the fact that the sample was not a perfect reflection of the population.
• D)There is no way to prevent sampling error short of taking a census of the entire population.

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Definitions:

Rate of Return

The financial gain or loss encountered on an investment throughout a set period, calculated as a percentage of the investment’s initial outlay.

Bid-Asked Spread

The difference between the highest price a buyer is willing to pay (bid) and the lowest price a seller is willing to accept (ask) for an asset.

Broker's Commissions

Fees or payments made to a broker for executing a transaction or providing specialized services.

Price Concession

A reduction in the price of a good or service, often to facilitate a sale or agreement.