Adie Wants to Take Some Online Classes This Semester

question 139

Multiple Choice

Adie wants to take some online classes this semester.She is willing to pay $1,000 for the first class, $800 for the second, $700 for the third, and $500 for the fourth.If online classes cost $750, Adie will take ________ online classes and her consumer surplus will equal _.

• A)3; $350
• B)4; $600
• C)2; $400
• D)2; $300

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Definitions:

Test's Reliability

The consistency with which a test measures what it is supposed to measure.

Intelligence Test

A standardized test designed to measure human intelligence, cognitive abilities, and potential for academic achievement.

Reliability

The degree to which an assessment tool or measure produces stable and consistent results over repeated applications or observations.

Correlation Coefficient

A numerical measure that indicates the extent to which two variables fluctuate together, signifying the strength and direction of their relationship.