Which of the Following Statements Is FALSE? the Purpose of the Competition

question 62

Multiple Choice

Which of the following statements is FALSE? The purpose of The Competition Act is

• A)to ensure small and medium sized businesses have an equitable opportunity to participate in the Canadian economy
• B)to provide consumers with competitive prices
• C)to maintain and encourage competition among businesses
• D)to ensure consumers are provided with product choices
• E)to fund new businesses that will provide more competition in certain industries

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Definitions:

Normally Distributed

Describes a distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean.

Normally Distributed

Describes a probability distribution that is symmetrical around the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Confidence Interval

A scope of values, sourced from statistical analysis of a sample, that is believed to contain the value of an undisclosed population parameter.