The Number of Job Offers Received by This Year's Five

question 55

Multiple Choice

The number of job offers received by this year's five International Business graduates of Barlow College are shown below: Suppose you were to take all possible simple random samples of size 2 that could be selected from this graduate population and calculated the sample mean number of offers for each sample.Which one of the following graphs shows the sampling distribution of the sample mean?

• A)Graph a
• B)Graph b
• C)Graph c
• D)Graph d
• E)none of the above

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Definitions:

Import Competition

The competition that domestic firms encounter from the products and services of foreign producers.

Trade Barriers

Regulations or policies implemented by countries to control the import and export of goods and services.

Import Quotas

Limits set by a government on the quantity or value of certain goods that can be imported into a country.

Domestic Producers

Companies or individuals that produce goods and services within their own country.