Determine the Truth Value for the Simple Statement Per Capita Spending on Vacations Was Higher in Region X

question 59

True/False

Determine the truth value for the simple statement. Then use these truth values to determine the truth value of the compound statement. Use the chart or graph when provided.
-In Region X, people are spending more on leisure activities. $$\begin{array}{l}\text { Annual per capita spending in dollars: }\\\begin{array} { l r r } \hline & 2000 & 2010 \\\hline \text { Movies } & 38 & 186 \\\text { Dining Out } & 95 & 492 \\\text { Vacations } & 502 & 1786 \\\text { Sporting Goods } & 149 & 343 \\\hline\end{array}\end{array}$$
Per capita spending on vacations was higher in Region X in 2010 than it was in 2000 or per capita spending on dining out was less in in Region X in 2010 than it was in 2000.

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Definitions:

Activity Declines

Situations where the level of activity or productivity in a business decreases over a certain period.

Actual Costs

The true or realized expenses incurred in the production of goods or services, as opposed to estimated or budgeted costs.

Actual Level

The real, measured level of activity achieved during a specific period, often contrasted with planned or estimated levels.

Cost Formulas

Equations used to calculate costs, often incorporating fixed and variable components.