Which of the Following Is NOT Characteristic of a Normal

question 86

Multiple Choice

Which of the following is NOT characteristic of a normal curve?

• A) The distribution is bell-shaped and symmetrical.
• B) Most scores fall near the mean.
• C) About 95 percent of all scores fall within one standard deviation on either side of the mean.
• D) The distribution describes many types of psychological data.

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Definitions:

Invisible Hand

A metaphor introduced by Adam Smith to describe the self-regulating behavior of the marketplace where individuals pursuing their self-interest inadvertently benefit society.

Desirable Market Outcomes

Market results that are sought after for their positive impact on consumers, producers, and the overall economy.

Households

Units consisting of people living together, either related by blood, marriage, or adoption, making economic decisions as a single entity.

Central Planning

An economic system where the government makes all decisions on the production and distribution of goods and services, typically found in socialist economies.