Which Is True of the Data Shown in the Histogram

question 37

Multiple Choice

Which is true of the data shown in the histogram? I. The distribution is approximately symmetric.
II) The mean and median are approximately equal.
III) The median and IQR summarize the data better than the mean and standard
Deviation.

• A) I only
• B) III only
• C) I and II
• D) I and III
• E) I, II and III

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Definitions:

National Income

The total amount of money earned within a country, including wages, profits, rentals, and pension income.

Nominal GDP

The gross domestic product measured in current prices, without adjusting for inflation.

Intermediate Goods

Products used as inputs in the production of other goods or services, such as raw materials or components, which are not finished goods sold to end consumers.

Deflation

A drop in the overall pricing of goods and services, typically signaling a shrinkage in the money or credit available in the economy.