Which of the Following Is an Example of a Recommendation

question 39

Multiple Choice

Which of the following is an example of a recommendation?

• A)Institute a wellness program to encourage employees to improve their health by adopting healthy habits.
• B)Employees who take part in wellness programs have fewer absences.
• C)A wellness program can be an effective recruiting tool.
• D)Having a wellness program can lead to reduced employee absenteeism.

Recognize how sample size and population standard deviation affect the shape of sampling distributions.

Use statistical methods to estimate probabilities associated with sampling distributions.

Interpret the relationship between population distributions and sampling distributions.

Analyze the role of normal distribution in sampling theory.

---

Definitions:

Supply Elasticities

Measures of how responsive the quantity supplied of a good is to a change in its price.

Long-Run Equilibrium

A state in which all factors of production and outputs are adjustable, and all economic processes are fully adapted to any changes.

Competitive Supply

The total quantity of a good or service that is available to consumers, determined by the sum of all individual suppliers’ quantities at each price level in a competitive market.

Elasticity of Supply

An evaluation of the extent to which the amount of a good provided alters as a result of variations in its price.