Which of the following examples would most likely be subject to selection bias?

A. a study that randomly sampled 100 hunters in Minnesota to determine if newly implemented state hunting limits would reduce the number of hunting trips they took in the state each year
B. a study that randomly sampled 100 tourists of legal drinking age on the Las Vegas Strip to determine the average amount they spend each day on alcoholic beverages while in Las Vegas
C. a study that randomly sampled 100 people issued speeding tickets on the New Jersey Turnpike to determine if drivers believe the New Jersey Department of Transportation should raise the current 65 mph speed limit to 75 mph
D. a study that randomly sampled 100 passengers at Chicago O'Hare International Airport to get their opinions about decreased legroom on commercial airplanes


Answer: C

Economics

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Which of the following is consistent with diminishing marginal returns?

a. increasing labor by 10% and output increasing 10%. b. increasing labor by 10% and output prices increase by less than 10%. c. increasing labor by 10% and the marginal product of labor increasing 10%. d. increasing labor by 10% and output increasing by less than 10%.

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Horizontal contracts generally run ______the goals of the customers

a. Indifferent to b. In line with c. Contrary to d. None of the above

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The consumer price index:

a. tracks the value of output over time. b. is not tied to cost-of-living adjustments. c. doubles every five years in the economy. d. is a weighted average of consumer prices. e. is a broader price index measure than the implicit GDP deflator.

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Compensation sent back to family in the home country by recent emigrants is known as

A. outsourcing. B. remittances. C. capital flight. D. transaction costs.

Economics