### Many types of systematic errors or biases

##### Reference no: EM131209024

Please write a response about 60 words or more in reguards to the statement below.  Give some examples on when this would happen and what you think about it.

Sampling or Chance Error

Usually, all samples selected from the same population will give different results because they contain different elements of the population. Moreover, the results obtained from any one sample will not be exactly the same as the ones obtained from a census. The difference between a sample result and the result we would have obtained by conducting a census is called the sampling error, assuming that the sample is random and no nonsampling error has been made.

The sampling error is the difference between the result obtained from a sample survey and the result that would have been obtained if the whole population had been included in the survey.

The sampling error occurs because of chance, and it cannot be avoided. A sampling error can occur only in a sample survey. It does not occur in a census.

Nonsampling errors or biases can occur both in a sample survey and in a census. Such errors occur because of human mistakes and not chance. Nonsampling errors are also called systematic errors or biases.

The errors that occur in the collection, recording, and tabulation of data are called Nonsampling Errors or Biases.

Nonsampling errors can be minimized if questions are prepared carefully and data are handled cautiously. Many types of systematic errors or biases can occur in a survey, including selection error, nonresponse error, response error, and voluntary response error.

#### Prepare a loan amoritization schedule for loan

Determine the annual payment on a \$15000 loan that is to be amoritized over a four year period and carries a 10 percent interest rate. Prepare a loan amoritization schedule

#### Illustrate what is objectivity and subjectivity

Illustrate what is objectivity and subjectivity? Explain how can a manager minimise subjectivity in her/his decision making? Explain how can a manager improve her/his decision

#### The motivational profiles and revised motivational profiles

Primary "motivational profiles" and revised "motivational profiles," as well as answers to the questions should be fully developed, well organized and use correct grammar an

#### Calculate the data rate

Most CD music has two channels. Calculate the data rate, in kbps, for each channel of CD music based on its sampling rate and bit depth. If CD music (two channels) is conver

#### Illustrate what is creative intelligence

Illustrate what is creative intelligence? Illustrate what are the differences among the four types of creative intelligence? Illustrate what is your creative potential profi

#### Explain and identify type of personality

Based on the inventory results, identify your type of personality, and the type of communication you prefer based on your style. Assess the adaptations you must make in orde

#### Make a contract for visual merchandising work

Make a contract for visual merchandising work. List on a scrap piece of paper, all of the things that you can think of; that you want to include in your contract and give eac

#### Organizational structure of fortune

Create a PowerPoint presentation depicting the organizational structure of a Fortune 500 company. Based on your research of the organizational structure, explain why you thi