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.
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Answer: Here in this particular case, people prefer and enjoy both eating fresh fish with tartar sauce and lobster with drawn butter.
Given : A hurricane destroys most of the fishing boats on the Macro Islands but leaves the lobster traps untouched.
Therefore, there will be a bountiful supply of Lobster.
whereas;
Fishing requires boat and since they are decimated, therefore there will be decrease in supply.
Hence, <u><em>people will demand more of "drawn butter" in order to compliment lobsters.</em></u>
Answer:
Sell securities in the open market.
Increase discount rate.
Increase required reserve ratio.
Explanation:
Apart from interest on reserves the other tools that the Fed can use to control money supply are open market operations, discount rate, and required reserve ratio.
In order to reduce inflationary pressures, the fed needs to reduce the money supply in the economy. For this, the fed needs to sell government securities in the open market. This will reduce the reserves with reserves and their credit creation power. As a result, the money supply will get reduced as well.
Other than that the fed increase the discount rate, this will make borrowing from feds expensive for the commercial banks. This will also help in reducing the money supply as the bank's reserve will get reduced.
The fed can also increase the required reserve ratio. So the banks will need to keep a greater portion of their total reserves as required reserves. They will be able to create less credit so the money supply will get reduced.
I answered this question before. Here's my answer.
NYDA - National Youth Development Agency is an organization that aims to help the youth develop skills and be eligible for employment.
NYDA has a grant program that aims to assist young entrepreneurs in starting up their businesses and making these businesses grow.
<span>NYDA has grants available for youths seeking funding for their business like (but not limited to) cleaning companies, recycling companies, car washes, vendors, and many small scale businesses.</span>