What is the population and the sample

Assignment Help Business Economics

Reference no: EM131238720

In the Netherlands, all men take a military pre-induction exam at age 18. The exam includes an intelligence test known as "Ravenís progressive matrices," and includes questions about demographic variables like family size. A study was done to study the relationship between the test scores of 18-year-old men in the Netherlands in 1968 and the number of their brothers and sisters. The records of all the exams taken in 1968 were used. (a) What is the population? the sample? (b) Is there any sampling error? Explain brieáy.

Reference no: EM131238720

Questions Cloud

Nash-cournot equilibrium-monopolistically competitive market : In a monopolistically competitive market, the government applies a specific tax of $1 per unit of output. What happens to the profit of a typical firm in this market? Does the number of firms in the market rise or fall? Please explain.

Define a second utility function for the individual denoted : Let u(x, y) denote a utility function where x is the quantity of good X and y is the quantity of good Y consumed. Assume the quantities can take any value greater than or equal to zero and that the utility function has strictly positive marginal util..

Individual driving on a congested highway : What is the externality associated with an individual driving on a congested highway? How do tolls help alleviate this externality? How should tolls be set? (Hint: Would you always want the toll to be the same all day?)

Monopolist instead of set of perfectly competitive firms : The steel industry pollutes the atmosphere as a consequence of its production process. Is it possible that it would be better for society that steel is produced by a monopolist instead of a set of perfectly competitive firms?

What is the population and the sample : In the Netherlands, all men take a military pre-induction exam at age 18. The exam includes an intelligence test known as "Ravenís progressive matrices," and includes questions about demographic variables like family size. What is the population? the..

Write out the linear budget equation : Assume that the world price of one unit of Flower (PF) is $2 per unit and the world price of a unit of Bread (PB) is $2 per unit and the citizens of the Home Country has a budget amount R = $1,600 million to spend on these two goods. Using the infor..

Pollution fees and marketable permits : Explain how the following two market-based incentives: Pollution fees and Marketable Permits provide a market based solution to Pollution in the U. S. Is this issue growing in importance? Why?

Airport baggage handling equipment : Airport baggage handling equipment can be purchased for $80,000 cash (now) or for $84,000 to be financed over 60 months at 0% interest (with annual payments, where the first payment is due at the time of purchase). The sales person states that at lea..

Define and graph your budget set in terms of leisure : You are willing to work up to 80 hours a week. You make $10(B + 1) an hour, where B is the second-to-last digit of your Student ID. Define and graph your budget set in terms of leisure (equal to non–worked hours) -Good 1- and ”money spent on every ot..

User Account

All Pages