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aev [14]
1 year ago
13

Many adults owe money from their college loans for years into their professional careers. a newspaper would like to estimate the

proportion of all adults in the city who have debts from college loans. to collect data, a random sample of 300 young adults between the ages of 25 and 35 is asked, "do you have more than $5,000 in current college debts?" 68% of those sampled reported that they do have more than $5,000 in college-related debts. how might this sample be biased in obtaining an estimate of all adults in the city who have college debts?
Business
1 answer:
Sergio039 [100]1 year ago
7 0

Because only young adults were sampled, undercoverage bias may cause the newspaper to overestimate the proportion of all adults who have college debts.

<h3><u>What is bias in sampling?</u></h3>

When a sample is chosen in statistics, sampling bias is a bias that causes some individuals of the target population to have a lower or greater sampling probability than others. As a result, not every person or event was equally likely to have been chosen, resulting in a biased sample of a population (or non-human variables).

If this is not taken into consideration, results may be incorrectly attributed to the sampling procedure rather than the phenomenon being studied. Although some people identify sampling bias as a distinct sort of prejudice, sampling bias is typically categorized as a subtype of selection bias, sometimes referred to as sample selection bias.

Learn more about sampling bias with the help of the given link:

brainly.com/question/11094051

#SPJ4

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In the rooms because that is where the amenities are located ie the bed comfort, the TV, the view, the room size and then the leaning services and the room service (for food from the restaurants)
4 0
3 years ago
You are choosing between these four investments and you want to be​ 95% certain that you do not lose more than 8.00 % on your in
Ainat [17]

Answer:

Corporate Bonds and T-Bills will have return above 8%

Explanation:

given data

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investment = 8 %

solution

first of all we get  95% confidence interval that is as

and here  investment returns and standard deviation are attach so

95% confidence interval = Return - 2 × SD to Return + 2 × SD    ................a

so here

we can see here as per table attach

here only Corporate Bonds and T-Bills will have return above 8%    

8 0
3 years ago
Round Hammer is comparing two different capital structures: An all-equity plan (Plan l) and a levered plan (Plan Il). Under Plan
Dominik [7]

Explanation:

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= $21.63 per share

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= Debt outstanding × Stock outstanding of Plan 1

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= $4,433,125

B b.) under the levered plan the value is

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6 0
3 years ago
What role does utility play in the economic model of consumer​ behavior? When modeling consumer​ behavior, utility A. reflects t
olya-2409 [2.1K]

Answer:

A. reflects the enjoyment a consumer receives from consuming a particular set of goods and services

Explanation:

When modeling consumer​ behavior, utility reflects the enjoyment a consumer receives from consuming a particular set of goods and services

4 0
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A decision in which a manager needs to determine whether a product line (or segment) should continue or be eliminated is what ki
Marianna [84]

Answer:

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Therefore, manager takes a keep-or-drop decision.

7 0
3 years ago
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