Nonresponse Bias Is an Issue, Because Studies Show That People

question 162

Multiple Choice

Nonresponse bias is an issue, because studies show that people who volunteer generally _____ than non-volunteers.

• A) have less education
• B) are of lower socioeconomic status
• C) are higher in the need for social approval
• D) have higher emotional intelligence

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Definitions:

360-Day Year

This is a simplified method used in some financial calculations where the year is assumed to have 360 days for ease of interest computation.

Total Amount

The complete sum or quantity of something, encompassing all components or elements.

Ordinary Interest

Interest that is calculated based on a 360-day year, often used in banking and finance for simplifying interest calculations on loans and investments.

Exact Interest

This refers to the method of calculating interest based on a 365-day year or actual number of days in a month, providing a precise interest calculation.