Which of the Following Is Not a Reason That the Findings

question 220

Multiple Choice

Which of the following is not a reason that the findings of cost-benefit analyses on public goods are only rough approximations?

• A)Without prices, it is difficult to be sure how much people really value a good.
• B)Analysts can't be sure that the respondents to surveys are telling the truth.
• C)Analysis must include not only the cost of building the project but also the cost of maintenance, if any.
• D)People value goods differently if they are publicly provided rather than privately provided.

---

Definitions:

Outliers

Outliers are data points that deviate significantly from the rest of the data, potentially indicating variability in the measurement or experimental errors.

Regression Line

A straight line that best fits the data points on a scatter plot, showing the relationship between two variables.

Standardized Residual

The difference between the observed and predicted values, divided by the standard deviation of the residuals.

Standard Error

A statistic that measures the variability or precision of the sampling distribution of a statistic.