If a Distribution of Scores Has a Mean of 30

question 7

Multiple Choice

If a distribution of scores has a mean of 30 and a range of 0________.

• A) the variance is 30.
• B) the quartile deviation (Q) is 10.
• C) there is no variation in the distribution.
• D) the standard deviation is 1.

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Definitions:

Corrective Taxes

Taxes designed to internalize externalities, typically by charging for negative externalities to correct market outcomes.

Internalize

The process of incorporating the cost of externalities into the decision-making processes of relevant parties, often through regulation or market-based incentives.

Corrective Taxes

Taxes designed to correct the market outcomes that are not efficient by themselves, usually by discouraging negative externalities.

Market-Based Solution

Strategies or policies that use market forces and principles to address and solve economic and social issues.