A Group of 100 Students Were Surveyed About Their Interest

question 81

Multiple Choice

A group of 100 students were surveyed about their interest in a new International Studies program.
The survey asked students about their interest in the program in terms of high, medium, or low. 30
Students responded high interest; 50 students responded medium interest; 20 students responded
Low interest. What is the relative frequency of students with medium interest?

• A) 30%
• B) 50%
• C) 20%
• D) Cannot be determined.

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Definitions:

Government Price Ceiling

A legally imposed maximum price on goods or services to prevent prices from rising too high, often leading to shortages.

Market

A place or mechanism where buyers and sellers come together to trade goods, services, or financial instruments.

Inefficiency

A lack of productivity or effectiveness in the use of resources, often leading to waste.

Alternative Work Sites

Refers to workplace options outside the traditional office setting, such as remote work, telecommuting, or flexible working locations.