Examlex
Which of the following activities does not typically generate an external cost?
Gas Guzzlers
Refers to vehicles that consume fuel inefficiently, often associated with larger, less fuel-efficient cars and trucks.
Selection Bias
a distortion in statistical analysis resulting from the method of collecting samples.
Random Sample
A sample selected from a larger population in such a way that every member has an equal chance of being chosen.
Selection Bias
occurs when the sample is not representative of the population being studied, potentially leading to distorted conclusions.
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