The Distribution of the Number of "Friends" All Users of a Popular

question 37

Multiple Choice

The distribution of the number of "friends" all users of a popular social media site have is strongly skewed to the right. Which of the following is true?

• A)The median number of friends is smaller than the mean.
• B)The median number of friends is larger than the mean.
• C)The median number of friends is equal to the mean.
• D)There is not enough information to compare the median and mean values.

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Definitions:

Efficient Market

A market in which all available information is fully and immediately reflected in asset prices, thus making it impossible to consistently achieve higher returns on investment than average market returns on a risk-adjusted basis.

Profit Opportunities

Situations where businesses can generate higher returns on investment than the market average.

Efficient Economy

An economy where resources are allocated in the most efficient way possible, maximizing the production of goods and services without wasting resources.

Economic Output

The total value of all goods and services produced within an economy over a specific time period.