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Which of the following statements is TRUE?
I. A rising standard of living increases the demand for democracy.
II. Democracy is associated with better institutions that lead to economic growth and high standard of living.
III. The public is usually better informed about policies in nondemocracies.
Finite Population Correction Factor
A correction used in sampling to adjust for the effect of sampling without replacement from a finite population.
Subset
A set of elements that are all members of another set, and possibly fewer in number.
Standard Error
A measure of the dispersion or variability in a sample statistic from the population parameter.
Infinite Population
A theoretical concept where the population size is considered unlimited or endlessly large for statistical analysis.
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