In Evaluating the Following Generalization(s), Identify Sample, Population, Attribute of Interest

question 62

Essay

In evaluating the following generalization(s), identify sample, population, attribute of interest, and the extent to which the claims involved are knowable. Consider carefully the size and diversification of the sample and the extent to which the population differs or may differ from the sample; remember, what's important is that the sample be representative.
Seventy-two percent of those interviewed at a luncheon sponsored by the Camellia Chamber of Commerce favored local tax incentives to attract new businesses. Would this finding generalize to the Camellia population?

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Definitions:

PBGC

Pension Benefit Guaranty Corporation, a U.S. federal agency responsible for protecting retirement incomes by insuring private-sector defined benefit pension plans.

ERISA

The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry.

Healthcare Benefits

Insurance or services provided by employers or governments to cover medical expenses and health-related issues for individuals.

Coverage

In the context of insurance, it refers to the amount of protection given to policyholders for the risks covered under the policy terms.