Use a Random-Number Table to Get a List of 10

question 3

Multiple Choice

Use a random-number table to get a list of 10 random numbers between 1 and 99 beginning at row 2, block 2. $$\begin{array} { l l l l l l } 65321 & 85623 & 10204 & 50218 & 20321 & 22315 \\98532 & 91972 & 39800 & 45670 & 20510 & 10451 \\92012 & 59826 & 35456 & 79289 & 91483 & 29754 \\45652 & 98653 & 45863 & 36963 & 15326 & 78952 \\45678 & 10100 & 91251 & 37041 & 13712 & 14672\end{array}$$

• A)91 97 23 98 45 67 20 05 10 45
• B)91 97 23 98 45 67 02 05 10 10
• C)91 97 23 98 45 67 02 05 10 45
• D)91 97 32 98 45 67 02 05 10 45
• E)91 97 32 98 45 67 02 50 10 45

---

Definitions:

Opportunity Cost

Abandoning potential gains available from alternative choices when one is picked.

Bushel

A unit of volume that is used primarily in agriculture, specifically for measuring volumes of dry goods such as grains and fruits.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors.

Absolute Advantage

The ability of an entity to produce more of a good or service with the same amount of resources than another entity.