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Basic Question 14 of 30
Sampling error occurs because ______
B. a sample is used instead of a population.
C. the statistician uses judgment in choosing the sample.
A. most interviewers are not accurate in their reports.
B. a sample is used instead of a population.
C. the statistician uses judgment in choosing the sample.
User Contributed Comments 3
| User | Comment |
|---|---|
| surob | Why not C? |
| Nightsurfer | The rest result in bias not sampling error. |
| DonAnd | I thought that B was too obvious to be correct but yet again I proved mysef wrong |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
compare and contrast simple random, stratified random, cluster, convenience, and judgmental sampling and their implications for sampling error in an investment problem
CFA® 2024 Level I Curriculum, Volume 1, Module 7.