As Used in the Social Sciences, Probabilities Are a Type

question 12

Multiple Choice

As used in the social sciences, probabilities are a type of ___________ which vary from _____________ .

• A) percentage, 0 to 1
• B) fraction, 0 to 100
• C) proportion, 0.00 to 1.00
• D) Z score, 0 to infinity

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Definitions:

Money Income

The total amount of monetary earnings received by an individual or household, including wages, salaries, investments, and other income sources.

Coke

A carbonized material derived from coal used mainly in steel production, or a trademark for a popular carbonated soft drink.

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford given their income and the prices of the goods.