State Whether the Distribution Appears to Be (Roughly)normal

question 88

Multiple Choice

State whether the distribution appears to be (roughly) normal.
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• A)Not normal
• B)Normal

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Definitions:

Marginal Cost

The expense incurred from the production of an extra unit of a product or service.

Total Product

Total product refers to the total quantity of output produced by a firm or economy during a given period.

Average Product

The total output produced per unit of a resource employed.

Marginal Product

The extra production resulting from the use of one additional unit of a specific input while holding other inputs steady.