Which of the Following People or Firms Would Be Pleased

question 19

Multiple Choice

Which of the following people or firms would be pleased by a depreciation of the rand against the US dollar?

• A)All the people and firms mentioned in these answers.
• B)A French exporter of wine to the SA.
• C)An American tourist visiting Cape Town.
• D)A SA importer of French wine.
• E)A SA company that wishes to expand abroad by building a factory in Lesotho.

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Definitions:

Set of Data

A collection of numbers or values that are usually related and can be analyzed statistically.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set differ from the mean.

Set of Data

A set of data refers to a collection of data points or values gathered from observations, experiments, or surveys, used for analysis.

Population Standard Deviation

A metric indicating how spread out a dataset is from its average, computed for the whole population.