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Posted: June 30th, 2023
An advantage of non probabilistic sampling is that it is
An advantage of non probabilistic sampling is that it isA) provides statistically valid statements about the precision of the estimateB) can provide valid parameter estimatesC) is error feeD) relatively inexpensive16) 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 thatA) there has been a 130% increase in the price of houses from 2005 to 2010B) there has been a 30% increase in the price of houses from 2005 to 2010C) the price of houses in 2010 was $130 higher than the price in 2005D) it is impossible to interpret the index17 the prices for a kilowatt hour of electricity for the years 2010 through 2013 are given Year price/KWH2010 $.0352011 $.0392012 $.0402013 $.041Determine the price relatives for the years 2010 though 2013. let 2010 be the baseYear price relative2010 ?2011 ?2012 ?2013 ?
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