Use the Following Scenario to Answer the Following Questions

question 144

Multiple Choice

Use the following scenario to answer the following questions:
Rosa and Dirk produce basketballs and footballs.Rosa can produce six basketballs per hour or two footballs per hour.Dirk can produce three basketballs per hour or four footballs per hour.
-Based on the scenario,which of the following is true?

• A) Rosa has both an absolute and a comparative advantage in basketball production.
• B) Rosa has both an absolute and a comparative advantage in football production.
• C) Rosa has neither an absolute nor a comparative advantage in basketball production.
• D) Rosa has neither an absolute nor a comparative advantage in football production.
• E) Dirk has both an absolute and a comparative advantage in basketball production.

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Statistical Methods

Techniques and processes used for collecting, analyzing, interpreting, and presenting data.

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A software package used for statistical analysis and data management.

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Software or methodologies utilized for examining, processing, and extracting valuable information from data.

Statistics

The science of collecting, analyzing, interpreting, and presenting data in order to make more effective decisions.