A Table Listing How Many Respondents to a Survey Reside

question 3

Multiple Choice

A table listing how many respondents to a survey reside in each state is called a ______.

• A) bar graph
• B) pie chart
• C) region table
• D) frequency distribution

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Definitions:

Risk-Averse

A condition where an individual prefers outcomes with known probabilities over outcomes with unknown probabilities, typically avoiding higher risk.

Total Utility

The cumulative satisfaction or pleasure derived by a consumer from consuming a given amount of goods or services.

Income Fall

A decrease in the amount of money received by an individual, household, or entity, typically referring to earnings over a certain period.

Risk Aversion

A preference for guaranteed outcomes over those with uncertainty, even if the uncertain outcome might offer a higher expected return.