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Sampling methods other than simple random

by | Dec 1, 2023 | Posted Questions

Q1. Sampling methods other than simple random sampling are always free of strong biases.

1.True

2.False

Q2.

A mortgage company wants to estimate the proportion of their clients that are making biweekly payments on their respective mortgages. A data analyst at the company randomly surveys 200 of their current mortgage loanees, and determines that 24% of them are making biweekly mortgage payments. However, unbeknownst to the data analyst, it turns out that only 20% of all the company’s current mortgage loanees are making biweekly payments.

Match each of the numbered items in the list with the numbers

Parameter:-

Population:-

Statistic:-

Sample:-

1.All of the company’s current mortgage loanees

2. 20% of the current mortgage loanees.

3. 200 of the company’s current mortgage loanees.

4.24% of the current mortgage loanees.

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