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Gugu Is in a Class Where the Scores on the Second

question 205

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Gugu is in a class where the scores on the second midterm exam ranged from 75 to 85 points. Shaun is taking the same course, but in his section the scores ranged from 50 to 98 points. In this example the standard deviation in Gugu's class should be


Definitions:

Efficient Distribution

The optimal allocation of goods and services to maximize consumer satisfaction and economic efficiency.

Final Products

Goods and services that are consumed by the end-user and do not require further processing.

Free and Open Markets

Economic systems where supply and demand are not hindered by undue restrictions, allowing for free trade and competition.

Efficient Level

The point at which a system operates at maximum productivity with minimum waste and expense.

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