Data Collectionmedium
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A survey on personal finances is mailed to 10,000 households. Of these, 6,200 return completed surveys (62% response rate). However, among the 6,200 returned surveys: 6,100 answer the income question (98.4%), 5,800 answer the savings question (93.5%), and 5,900 answer the debt question (95.2%). Which statement best describes the data quality challenge?
A survey on personal finances is mailed to 10,000 households. Of these, 6,200 return completed surveys (62% response rate). However, among the 6,200 returned surveys: 6,100 answer the income question (98.4%), 5,800 answer the savings question (93.5%), and 5,900 answer the debt question (95.2%). Which statement best describes the data quality challenge?