A Data Display That Shows the Number of Data Set

question 123

Multiple Choice

A data display that shows the number of data set members that are at or below a particular value or the number of data set members that are at or above a particular value is called a ___________ distribution.

• A)unimodal
• B)symmetric
• C)positively skewed
• D)cumulative
• E)negatively skewed

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Definitions:

Externalities

Expenses or advantages impacting individuals who did not decide to bear those expenses or advantages.

Public Goods

Goods or services that are available to all members of a society, typically provided by the government, with no one excluded from benefitting.

Efficient Mix

The most advantageous combination of goods and services that can be produced and distributed with the available resources and technology, maximizing overall welfare.

Equate Price

The action of setting two or more goods or services to have the same price.