If Ms Anniston Transfers $1,000 from Her Checking Account to Her

question 177

Multiple Choice

If Ms. Anniston transfers $1,000 from her checking account to her money market account, then

• A) M1 falls and M2 remains the same.
• B) M1 falls and M2 rises.
• C) both M1 and M2 rise.
• D) M1 remains the same and M2 rises.

---

Definitions:

Observations

Individual data points or measurements collected during an experiment or survey.

Negatively Skewed

A distribution shape where the tail is longer on the left side of the distribution's peak, indicating that the bulk of the values are towards the right.

Histogram

A type of bar chart that illustrates the distribution of a continuous dataset by dividing it into intervals or bins and showing the frequency or number of data points in each bin.

Coefficient Of Variation

A statistical measure that compares the standard deviation to the mean of a dataset, expressed as a percentage, used to assess relative variability.