Carmella Is in a Class Where the Scores on the Second

question 108

Multiple Choice

Carmella is in a class where the scores on the second midterm exam ranged from 75 to 85 points.Conrad is taking the same course,but in his section the scores ranged from 50 to 98 points.In this example the standard deviation in Carmella's class should be

• A) negatively correlated with the standard deviation in Conrad's class.
• B) lower than the standard deviation in Conrad's class.
• C) higher than the standard deviation in Conrad's class.
• D) the same as the standard deviation in Conrad's class.

---

Definitions:

Flexible Exchange Rate

A rate of exchange that is determined by the international demand for and supply of a nation’s money and that is consequently free to rise or fall because it is not subject to currency interventions. Also referred to as a “floating exchange rate.”

Fixed Exchange Rate

A currency system where the value of a currency is pegged against another currency, a basket of currencies, or another measure of value.

Trade Deficits

A situation where a country's imports exceed its exports, indicating that it is buying more goods and services than it is selling abroad.

Current Account

Part of a nation's balance of payments encompassing the trade balance, net primary income, and net secondary income components.