Question: Q1. Sampling methods other than simple random sampling are always free of strong biases. 1.True 2.False Q2. A mortgage companywants to estimate the proportion of
Q1. Sampling methods other than simple random sampling are always free of strong biases.
1.True
2.False
Q2.
A mortgage companywants to estimate the proportion of their clients that are making biweekly payments on their respective mortgages.A data analyst at the companyrandomly surveys 200 of their current mortgage loanees, and determines that 24% of them are making biweekly mortgage payments. However, unbeknownst to the data analyst, it turns out that only 20% of all the company's current mortgage loanees are making biweekly payments.
Match each of the numbered items in the list with the numbers
Parameter:-
Population:-
Statistic:-
Sample:-
1.All of the company's current mortgage loanees
2. 20% of the current mortgage loanees.
3. 200 of the company'scurrent mortgage loanees.
4.24% of the current mortgage loanees.
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