Explain why the following procedure is likely to produce either biased or unbiased estimates of the amount of money people spend at restaurants each year. A random number between 1 and 7 is selected;...

Explain why the following procedure is likely to produce either biased or unbiased estimates of the amount of money people spend at restaurants each year. A random number between 1 and 7 is selected; this turns out to be 6. The survey then begins on January 6 and is conducted every 7 days for a full year: January 6, January 13, January 20, and so on.

Sep 21, 2022

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Explain why the following procedure is likely to produce either biased or unbiased estimates of the amount of money people spend at restaurants each year. A random number between 1 and 7 is selected;...

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