Refer to the Following Figure to Answer the Following Questions

question 143

Multiple Choice

Refer to the following figure to answer the following questions:
-As presented in the figure,one could correctly state that

• A) U.S.inflation and E.U.inflation were directly related,but E.U.inflation was generally more than U.S.inflation.
• B) U.S.inflation and E.U.inflation were inversely related,but E.U.inflation was generally more than U.S.inflation.
• C) U.S.inflation and E.U.inflation were directly related,but U.S.inflation was generally more than E.U.inflation.
• D) U.S.inflation and E.U.inflation were inversely related,but U.S.inflation was generally more than E.U.inflation.
• E) both the United States and the European Union experienced deflation from about mid-1980 until about mid-1986.

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Definitions:

Margin Of Error

The amount of error that can be tolerated in the results of a poll or survey, indicating the potential deviation from the true population parameter.

Confidence Interval

A spectrum of numbers, extracted from sample observations, presumed to hold the value of a not yet identified population characteristic.

Sample Mean

The average value of a set of data points taken from a larger population, used as an estimate of the population mean.

Sample Standard Deviation

A measure of the amount of variation or dispersion of a set of values in a sample.