For Questions , Use the Following Narrative

question 42

Essay

For Questions , use the following narrative
Narrative: School costs
Suppose a random sample of liberal arts schools was taken, and the average cost per student was measured for each school.The data are pictured in the histogram below:

-{School cost narrative} What is the shape of this data set?

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Definitions:

Manufacturing Industries

Sectors of the economy that use machinery, tools, and labor to produce goods for use or sale.

Pure Competition

A market structure characterized by a large number of small firms all producing homogeneous products and facing no barriers to entry or exit.

Utility-maximizing Consumer

A theoretical concept in economics where a consumer seeks to get the maximum satisfaction or utility from their available resources or budget.

Income

Income, particularly when earned regularly through employment or investment returns.