A sample survey of intangibles typically is used instead of a census of intangibles because
a. collecting information from a population may be excessively expensive in terms of time and money.
b. it is often impossible to collect information on all people in a population.
c. a representative sample reflects the characteristics of the population within a well-defined margin of error.
d. All of these are true.
Question 2
Which of the following behaviors is most likely to be observed in a room full of three-year-olds?
a. A child who is busy playing with a toy yields it to another three-year-old when the second child demands it.
b. A child who grabs a toy from a classmate seems genuinely unconcerned when the classmate bursts into tears.
c. A child who has only one piece of candy gives it to a friend.
d. A child who slaps another child is immediately sorry.
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A sample of 400 observations will be taken from an infinite population. The population ...