The Choice Between Nonprobability and Probability Samples Should Be Based

question 81

Multiple Choice

The choice between nonprobability and probability samples should be based on all of the following considerations except (Table 11.5 in the text) ________.

• A) variability in the population
• B) size of the population
• C) statistical and operational considerations
• D) the nature of the research

Understand and calculate measures of dispersion (range, variance, standard deviation).

Distinguish and calculate the position and spread measures (quartiles, midrange, interquartile range).

Interpret the characteristics of data distribution (skewness, kurtosis).

Apply empirical rules and understand the distribution of data within standard deviations.

---

Definitions:

Exogenous

Factors or variables that are external to the economic model and not determined within the model itself.

Frictional Unemployment

Frictional unemployment is short-term and voluntary unemployment that occurs when people are between jobs or entering the workforce for the first time, often due to personal choices or circumstances.

Economic Activity

Actions that involve the production, distribution, and consumption of goods and services within an economy.

Skill Mismatch

A discrepancy between the skills offered by workers and the skills demanded by employers, which can lead to structural unemployment and inefficiency in the labor market.