Astatistic is said to be unbiased if: a. the survey used to obtain the statistic was designed so as to avoid even the hint of racial or sexual prejudice. b. the mean of its sampling distribution is equal to the true value of the parameter being estimated. c. both the person who calculated the statistic and the subjects whose responses make up the statistic were truthful. d. the value of the statistic from any sample is equal to the parameter being estimated. e. it is used for honest purposes only.

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Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a. esther lost her job and begins looking for a new one. b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work. c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.