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Scores on Ms. Bond's test have a mean of 70 and a standard deviation of 11. David has a score of 52 on Ms. Bond's test. Scores on Ms. Nash's test have a mean of 64 and a standard deviation of 6. Steven has a score of 52 on Ms. Nash's test. Which student has the higher standardized score?
Private Funds
Financial resources raised from non-governmental sources, used for investment or other private enterprise.
Market Economy
An economic system where decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.
Surplus Goods
Items in excess of what is needed, often resulting in stockpiles or discounted sales.
Transportation Costs
are expenses involved in moving goods or people from one location to another, including fuel, labor, and maintenance of vehicles.
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