In the Text There Was a Stem-And-Leaf Display Showing the Performance

question 51

Multiple Choice

In the text there was a stem-and-leaf display showing the performance of students who attended class regularly and those who often skipped class. This display illustrated

• A) that poor attendees did more poorly than good attendees.
• B) the shape of the two distributions.
• C) the dispersion of the two distributions.
• D) all of the above

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Definitions:

Excludable

A property of a good whereby it is possible to prevent individuals from enjoying the good unless they pay for it.

Public Good

A good or service offered to every member of a society for free, provided by either governmental bodies or private entities or individuals, without seeking to make a profit.

Demand Curve

An illustrated chart that displays the connection between a product's price and the amount consumers are willing to buy at those price levels.

Individual Demand

The amount of a product or service that a single consumer is willing and able to purchase at various prices, holding all else constant.