When the Distribution of Characteristics in a Sample Is Systematically

question 23

Multiple Choice

When the distribution of characteristics in a sample is systematically different from that of the target population,the sample is called a

• A) biased sample.
• B) stratified sample.
• C) representative sample.
• D) distorted sample.

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Definitions:

Clear

in an economic or financial context often means to settle a transaction or complete a trade or payment process.

Federal Reserve's Assets

These are financial assets held by the Federal Reserve Bank, including government securities, mortgage-backed securities, and loans to banks.

Excess Reserves

The capital reserves held by a bank or financial institution in excess of what is required by regulators, creditors, or internal controls.

Required Reserve Ratio

The fraction of deposits that a bank is required by regulation to hold in reserve, not loaning them out, ensuring banks can meet their depositor's demands.