Difference between sampling error and standard error, Macroeconomics

Assignment Help:

Which is not true of the difference between sampling error and standard error?

a. Standard error is a difference from the population.
b. Sampling error can't usually be calculated.
c. Sampling error is a difference from the population.
d. Standard error is used in many statistical tests.


Related Discussions:- Difference between sampling error and standard error

Describe the working of commercial banks, Q. Describe the working of Commer...

Q. Describe the working of Commercial banks? Fact that currency inside commercial banks isn't money may strike you as odd though it is an important principle. 100 dollar bill i

Profit-maximizing quantity, Aggregate supply Remember that labor demand...

Aggregate supply Remember that labor demand provides us profit-maximizing quantity of L for a given real wage. If W/P is given (as it's in cross model), we can find profit-maxi

Illustrate opportunity cost of producing extra units, If the opportunity co...

If the opportunity cost of producing extra units of one good (expressed in terms of the amount of another good that is sacrificed) remains constant, then the shape of the productio

Explain about a model and use of it in economics, Explain about a model and...

Explain about a model and use of it in economics. A model is a simplified demonstration of a real situation which is used to better understand real-life circumstances. The

Bop on capital account, BOP on Capital Account: BOP on Capital Account...

BOP on Capital Account: BOP on Capital Account  shows only export and import of capital and  the difference between  the  two represents a country's capital account balance. C

Monopoly without tax and without price ceiling, Here from a), profit maximi...

Here from a), profit maximizing price = 7 and Q = 10. It is shown in the figure below:- The consumer surplus is shown in blue area which is given as (9-7) *10*1/2 =10 dolla

Circular flow of income, Explain a circular flow of income in a frugal econ...

Explain a circular flow of income in a frugal econmomy with diagram

Var modelling, However, these results should be approached with due caution...

However, these results should be approached with due caution. The limitations and problems associated with VAR modelling have been outlined in this paper, therefore these observati

Relative cost-effectiveness, Stephanie Robbins is the Three Hills Power Com...

Stephanie Robbins is the Three Hills Power Company management analyst assigned to simulate maintenance costs. In Section 14.6 we describe the simulation of 15 generator breakdowns

Expected value of demand for paint, Each Home Depot store must decide how m...

Each Home Depot store must decide how much paint to order each month. From historical records, they know that the amount of paint they sell during May is distributed as follows: th

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd