A sampling technique used to determine error rates in populations is: а. PPS sampling. b. Variables sampling. Cluster sampling. С. d. Attribute sampling.
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- T or F A household is frequently used in analyses because more consistent data are usually collected at that level.In which of the following cases OLS estimation of Healthcare=a+bAge+u will be biased? a) Only include in your estimation sample individuals whose health care spending is more than 500 per year. b) Use a random sample. c) Healthcare is recorded with some random typing errors. d) The error variance is larger at an older age.Do answer and explain reason. Statistical inference is the process of _____. a. using data from a population to learn about sample statistics b. using data from a sample to learn about the population c. collecting and summarizing data d. randomly selecting a sample from the population
- A __________ is a characteristic of a population. Multiple Choice normal distribution descriptive statistics parameter sampleThe following are auditor judgments and attributes samplingresults for six populations. Assume large population sizes.1 2 3 4 5 6EPER (in percent) 2 1 1 0 3 8TER (in percent) 6 5 20 3 8 15ARO (in percent) 5 5 10 5 10 10Actual sample size 100 100 20 100 60 60Actual number of exceptions in the sample 2 4 1 0 1 8a. For each population, did the auditor select a smaller sample size than is indicatedby using the attributes sampling tables in Table 15-8 for determining sample size?Evaluate selecting either a larger or smaller size than those determined in the tables.b. Calculate the SER and CUER for each population.c. For which of the six populations should the sample results be consideredunacceptable? What options are available to the auditor?d. Why is analysis of the exceptions necessary even when the populations areconsidered acceptable?e. For the following terms, identify which is an audit decision, a nonstatistical estimatemade by the auditor, a sample result, and a statistical…Identify the appropriate test to use for the following scenarios: The population of American adults watch 238 minutes of TV per day on average. I believe that providing adults with bicycles will decrease the daily TV-watching. I provide bicycles to 500 American adults and then measure their daily TV watching. The sample watched 204 minutes of TV per day on average. Did the bicycles decrease TV watching? Group of answer choices A)One-Sample T-Test B) Independent Groups T-Test C)Correlated Groups T-Test D) Linear Regression
- A manufacturer of cat food was planning to survey households in the US to determine purchasing habits of cat owners. Among the questions to be included are those that relate to Where cat fat is primarily purchased. Whether dry or moist cat food is purchased. The number of cats living in the household. Whether the cat is pedigreed. Describe the population. For each of the four items listed, indicate whether the variable is categorical or numerical.Q1. State the property of an estimator that gives a correct estimate of the population parameter of interest, but only on average. Q2. State the property of ian estimal or thal converges to the populalion paaameter of interest as the sample size goes to infinity. Q3. Why is an efficient estimator a desirable property of the OLS estimator? Q4. Stare the assumption(s)under the classical linearregression model giving rise to a biased standard error of the coefficient estimates when violated.If SLR 1-3 hold, but SLR 4 is violated, then... OLS estimators are unbiased and inconsistent OLS test statistics suffer from heteroskedasticity OLS estimators are biased and consistent OLS estimators are biased and inconsistent
- Which of the following is true of heteroskedasticity? a) The R-squared statistic is affected by the presence of heteroskedasticity b) Heteroskedasticty causes inconsistency in the Ordinary Least Squares estimators c) The OLS estimators are not the best linear unbiased estimators if heteroskedasticity is present d) It is not possible to obtain F statistics that are robust to heteroskedasticity of an unknown formA researcher is interested to search students’ willingness in participating in sport. Students are at undergraduate level and form different specialization studying in particular college. The researcher wants to interview students from all specializations in order to find whether there is a link between specialization and participation in sport. He arranges the by undergraduate specialization, next, he selects students randomly within each specialization. What is the name of sampling method?15 To perform a test of hypothesis that the population slope parameter is zero, the test statistic t is ______. a 14.487 b 16.097 c 17.885 d 19.873