Human Capital Is the

question 50

Multiple Choice

Human capital is the

• A)skill and knowledge accumulated by humans.
• B)plant and equipment produced by humans and not by machines.
• C)technology used by humans to produce real GDP.
• D)machinery used by humans to produce GDP.
• E)technology used by humans to produce GDP.

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Definitions:

Chebysheff's Theorem

A statistical theorem that provides a minimum probability for the distribution of values within k standard deviations from the mean for any data set, regardless of the distribution's shape.

Standard Deviations

A measure of the amount of variation or dispersion of a set of values from the average.

Standard Deviation

An indicator of the degree of variation or spread within a collection of numbers.

Variability

The extent to which data points in a data set differ from each other and from the mean.