Compare the Scores: a Score of 75 on a Test

question 77

Multiple Choice

Compare the scores: a score of 75 on a test with a mean of 65 and a standard deviation of 8 and a score of 75 on a test with a mean of 70 and a standard deviation of 4.

• A)The two scores are statistically the same.
• B)A score of 75 with a mean of 65 and a standard deviation of 8 is better.
• C)A score of 75 with a mean of 70 and a standard deviation of 4 is better.
• D)You cannot determine which score is better from the given information.

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Definitions:

Price Decrease

A decline in the cost of a good or service in the market.

Lobster Consumption

The amount of lobster that is consumed by individuals or populations within a certain timeframe.

Cross-price Elasticity

A gauge of the reaction in the amount of one product demanded when there's a price change in another product.

Substitutes

Goods or services that can be used in place of each other, where the increase in the price of one leads to an increase in the demand for the other.