An evaluation of whether people are truthful in their responses to survey questions was conducted in the
Question:
An evaluation of whether people are truthful in their responses to survey questions was conducted in the following manner. In the first survey, 1,000 randomly selected persons were told during a home visit that the survey was being done to obtain information that would help protect the drinking water supply in their city. After the short introduction, they were asked if they used a brand of detergent that was biodegradable. In the second survey, 1,000 randomly selected per-sons were also given the information about safe drinking water during a home visit and then were asked if they used a biodegradable detergent. If they said yes, the interviewer asked to see the box of detergent.
a. What differences do you think will be found in the two estimates of the percentage of households using biodegradable detergents?
b. What types of biases may be introduced into the two types of surveys?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
a In the first scenario people would be more willing to lie about using a biodegradable detergent ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities