Answer: D) the availability of the data is influenced by a selection process that is related to the value of the dependent variable.
Sample selection bias occurs when
A) the choice between two samples is made by the researcher.
B) data are collected from a population by simple random sampling.
C) samples are chosen to be small rather than large.
D) the availability of the data is influenced by a selection process that is related to the value of the dependent variable.
Economics
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As shown in the figure above, the rent ceiling
A) decreases consumer surplus. B) increases producer surplus. C) decreases deadweight loss. D) increases the quantity of housing rented. E) is efficient.
Economics
The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2010. The real wage rate in Syldavia during 2011 was
A) $14.00. B) $15.00. C) $15.79. D) $14.22. E) $14.25.
Economics
Figure 3-16
Refer to . When the price is P2, producer surplus is
a.
A.
b.
A + C.
c.
A + B + C.
d.
D + E.
Economics
If a monopolistically competitive firm is producing 50 units of output where marginal cost equals marginal revenue, total cost is $1,674 and total revenue is $2,000, its average profit is
A) $326. B) $40. C) $6.52. D) impossible to determine without additional information.
Economics