Which of the Following Statements Is True for the Following

question 9

Multiple Choice

Which of the following statements is true for the following data values: 7, 5, 6, 4, 7, 8 and 12?

• A) The mean, median and mode are all equal.
• B)Only the mean and median are equal.
• C)Only the mean and mode are equal.
• D)Only the median and mode are equal.

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Definitions:

Importing Products

Activities involving the bringing of goods or services from a foreign country into a domestic market.

Major Exports

Products or services that a country sells to others, which constitute a significant portion of its total exports and are crucial to its economy.

Production Resource Intensities

A term used to describe the amount of resources (labor, materials, energy) required to produce a specific good or service.

Goods and Services

The tangible products (goods) and intangible activities (services) that are produced and consumed by the economy.