Systematic Error Is Divided into Which Two General Categories

question 22

Multiple Choice

Systematic error is divided into which two general categories?

• A)respondent error and administrative error
• B)random sampling error and administrative error
• C)response bias and interview error
• D)primary error and secondary error

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Definitions:

Ethical Firms

Companies that operate in ways that are morally right, adhering to principles of fairness, honesty, and respect for individuals and the environment.

U.S. Large-Cap Index

An index that tracks the performance of stocks with large market capitalizations in the United States.

Creating Value

The process through which companies develop products, services, or processes that are valuable to customers, thus enhancing the company's profitability and market position.

Benefits

Advantages or positive outcomes that are provided by a product, service, or job, including tangible and intangible elements.