Which of the Following Is an Example of a Normative

question 21

Multiple Choice

Which of the following is an example of a normative statement?

• A) Car prices should be affordable.
• B) Fewer people die in larger cars than in smaller cars.
• C) If wages increase, firms will fire some workers.
• D) If cars become more expensive, fewer people will buy them.
• E) Cars emit pollution.

Understand the concept and applications of frequency distributions.

Grasp the significance and use of flowcharts in diagramming processes.

Identify and explain various distribution types, including normal and standard normal distributions.

Comprehend the calculation and interpretation of standard deviation.

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Definitions:

Condition Subsequent

A specific condition in a contract that, when it occurs, ends the contract's obligations.

Exemption Clause

A contract term that limits the liability of one party under certain circumstances, often found in terms and conditions.

Fundamental Breach

A violation of a contract that is so severe it permits the aggrieved party to terminate the agreement and possibly seek damages.

Minor Aspect

A less significant or minor detail or element of a larger issue or subject.