Provide an Appropriate Response

question 104

Multiple Choice

Provide an appropriate response.
-Which of the following is not possible?

• A)Two data sets have equal means and modes but still have very different distributions.
• B)A distribution is symmetric and single peaked and the mean, median, and mode are all equal.
• C)A distribution is symmetric and the mode is different from the mean.
• D)A distribution is symmetric and single peaked and the mode is greater than the mean.

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Definitions:

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The process by which unions and firms agree on the terms of employment

Legal Minimum

The lowest amount, mandated by law, that can be paid to workers or charged as a price.

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The fundamental economic model that explains how prices are determined in the market based on the quantity of a good or service available and the desire of buyers for it.

Minimum-wage Laws

A law defining the minimum hourly compensation that employers are required to pay their workers.