(Solved by Humans)-An advantage of non probabilistic sampling is that it is A)
Question
An advantage of non probabilistic sampling is that it is?
A) provides statistically valid statements about the precision of the estimate
B) can provide valid parameter estimates?
C) is error fee
D) relatively inexpensive
16) A price relative was computed for houses. The base period is 2005. The price relative in 2010 was 130. The interpretation of the price relatives that?
A) there has been a 130% increase in the price of houses from 2005 to 2010
B) there has been a 30% increase in the price of houses from 2005 to 2010
C) the price of houses in 2010 was $130 higher than the price in 2005
D) it is impossible to interpret the index
17 the prices for a kilowatt hour of electricity for the years 2010 through 2013 are given?
? Year ? ? ? ? ? price/KWH
2010 ? ? ? ? ? ? $.035
2011 ? ? ? ? ? ? ?$.039
2012 ? ? ? ? ? ? ? $.040
2013 ? ? ? ? ? ? ? ?$.041
Determine the price relatives for the years 2010 though 2013. let 2010 be the base?
Year ? ? ? ? ? ? ? ? ? ? ? ? price relative
2010 ? ? ? ? ? ? ? ? ? ? ? ? ??
2011 ? ? ? ? ? ? ? ? ? ? ? ? ? ?
2012 ? ? ? ? ? ? ? ? ? ? ? ? ? ??
2013 ? ? ? ? ? ? ? ? ? ? ? ? ? ??
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