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Unformatted text preview: a) an inference made about the population based on the sample b) the population or sample of interest c) tables, graphs, or numerical summary tools d) identification of patterns in the data ANSWER: a TYPE: MC DIFFICULTY: Moderate KEYWORDS: descriptive statistics 4. Which of the following is NOT a reason for the need for sampling? a) It is usually too costly to study the whole population. b) It is usually too time consuming to look at the whole population. c) It is sometimes destructive to observe the entire population. d) It is always more informative to investigate a sample than the entire population. ANSWER: d TYPE: MC DIFFICULTY: Moderate KEYWORDS: reasons for sampling...
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This note was uploaded on 02/14/2011 for the course ECON 100 taught by Professor Mmm during the Spring '11 term at Allen University.
- Spring '11