Problem regarding the sampling error-nonsampling error

Assignment Help Accounting Basics
Reference no: EM13975451

1. Researchers at a university with an enrollment of 12,000 take a census of the entire student population, asking, "Shoplifting is not only illegal, it raises the prices that we all have to pay. Have you ever shoplifted from the university bookstore?" Based on the preceding, dis- cuss the possible presence of (a) sampling error and (b) nonsampling error.

2. According to the U.S. Bureau of the Census, 27% of U.S. adults are college graduates. In a stratified sample of 200 U.S. adults, approximately how many persons in each of the following categories should be questioned:

(a) college graduate and (b) not a college graduate?

Source: Statistical Abstract of the United States 2009, p. 147.

Reference no: EM13975451

Questions Cloud

Calculate difference in loudness levels : Find the frequency of the sound wave required to produce a loudness level of 12dB in the air, assuming a displacement amplitude of 1.1xth^-11m and the speed of sound to be 343 m/s.
In significant effor to help prevent a terrorist attack : In significant effor to help prevent a terrorist attack, administrators at a major airport install many video cameras and fingerprint scanners, so thst each would-be flyers has his/her image caught on camera (and processed by facial recognition softw..
Problem regarding the strong interpersonal skills : What is the probability that there will be at least one person with strong interpersonal skills among the group that is sent?
The ethical issues in making the decision to retain lithium : The ethical issues in making the decision to retain the lithium-ion batteries. At what level of management should such a decision be escalated?
Problem regarding the sampling error-nonsampling error : Researchers at a university with an enrollment of 12,000 take a census of the entire student population, asking, "Shoplifting is not only illegal, it raises the prices that we all have to pay. Have you ever shoplifted from the university bookstore..
Randomness and representativeness of sample : If the line is busy or if there is no answer, she uses the next number on her list as a replacement. Comment on both the randomness and the representativeness of the sample of persons who end up being interviewed.
What is the difference between quantity : What is the difference between quantity demanded and quantity supplied?
Numbers in nominal terms and real terms : What is the difference between numbers in nominal terms and real terms?
Descriptive statistics for kalamazoo county : 1. Visit the U.S. Bureau of the Census (census.gov), and find the following descriptive statistics for Kalamazoo County, Michigan:

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd