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based on survey results, the mean amount of credit card debt for u.s. a…

Question

based on survey results, the mean amount of credit card debt for u.s. adults under 35 is $8,724. this point estimate would be unbiased and most accurate if the survey were based on which of the following? a. a random sample of 1,500 u.s. adults under 35 b. a random sample of 2,800 u.s. adults under 35 c. a random sample of 3,000 u.s. college students d. a national television news station poll with 3,500 responses

Explanation:

Brief Explanations

A larger random sample from the target population (U.S. adults under 35) gives a more accurate and unbiased point - estimate. Option C only includes college students which is a subset and may not be representative. Option D is a poll from a news station and may have self - selection bias. Between A and B, B has a larger sample size from the correct target population.

Answer:

B. A random sample of 2,800 U.S. adults under 35