CFA Practice Question

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CFA Practice Question

A survey asked 2,000 U.S. citizens whether they approved or did not approve of the work accomplished by the President. Seventy-two percent of the sampled citizens approved. What's the sample, and what's the statistic involved in this study?

A. responses of the 2,000 surveyed citizens; responses of all citizens
B. responses of the 2,000 surveyed citizens; 72% of the 2,000 surveyed approve
C. responses of all citizens; 72% of the 2,000 surveyed citizens approve
Correct Answer: B

User Contributed Comments 5

User Comment
Bibhu The difference between Q.1 and this one- population vs statistics.
childpsych1 B is right answer becase sample is 2000 citzens selected for the survey out of which 72% responded which is a statistic = meaning = percentage of the sample
jwebbs this one is a toughie
8thlegend Out of 2000 people, 72% would agree that they do not agree with what the president is doing right now.
2014 Sample everybody know; the amount of people surveyed, viewed to represent population.

Statistics: Since, statistics means analysis & interpretation. The interpretation is 72% ......
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