Identify the Shape of a Distribution

question 38

Multiple Choice

Identify the Shape of a Distribution
-
Is either histogram symmetric?

• A) Neither is symmetric.
• B) The first is symmetric, but the second is not symmetric.
• C) The second is symmetric, but the first is not symmetric.
• D) Both are symmetric.

---

Definitions:

U-shaped

A description often used in economics to describe the graphical representation of a situation where certain costs initially decrease, reach a minimum, and then start to increase as output expands.

TVC

Total Variable Cost; the entire cost associated with producing a given output level that varies with the quantity of output.

Increasing Rate

A situation where something grows or rises in value at a progressively higher pace over time.