"The Records of the National Weather Service Indicate That, on the Average

question 49

Multiple Choice

"The records of the National Weather Service indicate that, on the average, the city of San Jose receives 14.03 inches of rain each year, with a standard deviation of 5.19 inches." In what percentage of years would you expect there to be less than 12 inches of rain?

• A) -.39%
• B) 15.17%
• C) 34.83%
• D) 65.17%

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Definitions:

Salmon

A species of fish often considered for its health benefits and widely consumed around the world.

Comparative Advantage

Comparative advantage is an economic principle that posits a country or entity can produce a good or service at a lower opportunity cost than another, leading to more efficient trade possibilities.

Opportunity Cost

Forgoing the possibility of profit from various alternatives by choosing a specific one.

Production

The method of merging different tangible and intangible inputs (like designs and expertise) to produce an item meant for consumption (known as the output).