The Literary Digest Error Concerning the Outcome of the 1936

question 12

Multiple Choice

The Literary Digest error concerning the outcome of the 1936 U.S.Presidential election was apparently caused by:

• A)selection bias
• B)nonresponse bias
• C)both selection bias and nonresponse bias
• D)both selection bias and regression toward the mean

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Definitions:

NAFTA

The North American Free Trade Agreement is a treaty between Canada, Mexico, and the United States that eliminated most tariffs on trade between these nations, aiming to increase economic integration.

Trade Agreement

A treaty between two or more countries to outline how they will work together to ensure mutual benefit in trade, often involving tariff reductions, import quotas, and other trade incentives.

Currency Fluctuations

Variations in the exchange rate of one currency against another, influencing international trade and economic conditions.

Marketing Opportunities

Situations where new products, services, or practices can potentially meet unfulfilled customer needs or market demand.