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251y0311 2/19/03 ECO251 QBA1
FIRST HOUR EXAM
February 21, 2003
Name: ______Key____________
Social Security Number: _____________________
Part I. (34 points)
Which of the following is NOT a reason for the need for sampling?
It is usually too costly to study the whole population.
It is usually too time consuming to look at the whole population.
It is sometimes destructive to observe the entire population.
*It is always more informative to investigate a sample than the entire population.
Most analysts
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