List one advantage and one disadvantage of a personal interview as a method of data collection
Advantages: It has a higher expected response rate than other methods of data collection. In addition, there will probably be fewer incorrect responses resulting from respondents misunderstanding some questions, because the interviewer, if asked, can clarify misunderstandings.
Disadvantages: It has the potential for bias if the interviewer says too much whenever asked to clarify misunderstandings of some questions. The main disadvantage of personal interviews is that they are expensive, especially when travel is involved.
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________ are informational or discussion websites that contain articles or comments posted in reverse chronological format on the World Wide Web.
A. Podcasts B. Blogs C. Wikis D. RSS feeds
The procedure that is used to estimate the parameters of the binary logit model is called the maximum likelihood method
Indicate whether the statement is true or false
Under the average costing method in process costing system, the costs in beginning inventory are combined with current period costs to compute an average product unit cost
Indicate whether the statement is true or false
z is a standard normal random variable. The P(-1.5 A. 0.4322.
B. 0.3621.
C. 0.7953.
D. 0.0711.