Below Is a Summary of the Size of Homes for Sale

question 28

Multiple Choice

Below is a summary of the size of homes for sale in Regina in 2005.
The Empirical Rule would suggest that the middle 68% of the home sizes are between what two
Approximate values?

• A) 1,000 to 2,000 sq. ft.
• B) 892 to 2,534 sq ft.
• C) 71 to 3,355 sq ft.
• D) 0 to 4,176 sq ft.

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Definitions:

Reserve Requirements

Regulations set by central banks determining the minimum amount of reserves that banks must hold against deposits.

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services at all levels within a society.

Open Market Operations

Decisions to buy or sell U.S. Treasury bills (short-term debt issued by the U.S. government) and other investments in the open market.