The Conference Board Does a Good Job Predicting Recessions for Reasons

question 78

Multiple Choice

The Conference Board does a good job predicting recessions for reasons that include ________.

• A)a focus on fewer than five leading variables
• B)exclusive use of real-time data
• C)revisions of the components of its monthly index
• D)all of the above
• E)none of the above

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Definitions:

Unbiased

A characteristic of an estimator that means the expected value of the estimator equals the true parameter value of the population.

Sampling Distribution

The probability distribution of a given random-sample-based statistic that provides insight into the shape, bias, and variability of the statistic.

Confidence Interval

A spectrum of numerical figures, originating from sample-derived statistics, expected to capture the value of an unascertained population parameter.

TV Households

Households with at least one operable television set, used as a demographic metric in media and advertising research.