Which of the following is true about nonsampling errors?

A. They cannot be statistically measured.
B. They can be minimized by increasing the sample size.
C. They can be directly measured.
D. They are not controllable.
E. They occur as a result of the difference between the findings based on the sample and the true values for a population.


Answer: A

Business

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The following information is provided by the Ferrara Corporation: Beginning retained earnings $ 50,000 Ending retained earnings 70,000 Dividends declared and paid 10,000 Revenue 50,000 What is the net income for Ferrara Corp?

a. $10,000 b. $20,000 c. $30,000 d. Unable to tell from the information provided.

Business

France is leading in the rankings showing expenditures for outdoor advertising as percentage of total ad spending

Indicate whether the statement is true or false

Business

Dana rented a studio apartment from Mollie for one year, starting May 5, 2015 to May 5, 2016. Dana did not move out on May 5, 2016. Instead she sent Mollie a check for $300 on June 5, 2016 stating "June rent", which Mollie accepted. Mollie communicated to Dana that she was extending the lease to May 5, 2017. Dana confirmed the new tenancy and agreed to continue staying as a tenant. In this case, as of June 5, 2016, Dana is a tenant ________.

A. with a periodic tenancy B. for a term C. at will D. at sufferance

Business

The fundamental asset underlying brand equity is ________, the value of customer relationships that the brand creates

A) the customer mix B) customer equity C) the product experience D) service variability E) the service encounter

Business