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Basic Question 14 of 30

Sampling error occurs because ______

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
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

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® 2025 Level I Curriculum, Volume 1, Module 7.