Statistical Discrimination Is

question 71

Multiple Choice

Statistical discrimination is:

• A) statistical data of discrimination.
• B) applying statistical analysis in discrimination.
• C) collecting information to justify hiring individuals.
• D) using information about group averages to make conclusions about individuals.

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Definitions:

Marginal Utilities

The extra pleasure or benefit derived from consuming one more unit of a product or service.

Hard Candies

Sweet confections made by boiling sugar syrup to a high temperature and then cooling it to form solid candies.

Pocket Money

A small amount of money given to children by their parents as an allowance.

Maximum Utility

The highest level of satisfaction or fulfillment obtainable by an individual or society from their economic activities.