Suppose That the Cost of a Statistics Text Was $45

question 1

Multiple Choice

Suppose that the cost of a statistics text was $45 in 1980 and $76 in 2005. What is the Statistics Text Index number, rounded to the nearest tenth, for the 1980 edition with the 2005 price as the reference value?

• A) 0.6
• B) 5.9
• C) 59.2
• D) 168.9

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Definitions:

Dialectical Thinking

A method of thought that involves holding two opposing points of view in mind at the same time to reach a synthesis or integration of the two.

Categorical Thinking

A cognitive process that involves organizing information into categories for easier understanding and decision-making, sometimes at the expense of recognizing unique or nuanced differences.

Self-Worth

A person's subjective valuation of themselves, often based on assessments of their abilities and attributes.

Self-Concept

An individual's perception of themselves, encompassing beliefs about oneself including attributes, who and what the self is.