Which of the Following Describes This Data Set: 12, 0

question 21

Multiple Choice

Which of the following describes this data set: 12, 0, 0, 1, 1, 1, 6, 10, 11?

• A) bimodal
• B) trimodal
• C) deuced
• D) quadmodal
• E) none of the above

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Definitions:

Transform Resources

The process of converting resources into goods or services through manufacturing, labor, or other means of production.

Output Markets

Markets in which goods and services are exchanged.

Product Market

The marketplace where final goods or services are offered to consumers, businesses, and the public.

Output Market

The output market is the marketplace in which goods and services produced by firms are sold or exchanged, contrasting with input markets where firms buy resources needed for production.