The Following Numbers Are the Exam Results of 10 Students

question 16

Multiple Choice

The following numbers are the exam results of 10 students:
70, 75, 75, 75, 80, 85, 95, 95, 100, 100
What is the standard deviation?

• A) 9.22
• B) 10
• C) 11.55
• D) 13.04

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Definitions:

Potential Output

The highest level of real gross domestic product (GDP) that can be sustained over the long term without increasing inflation, reflecting the maximum productive capacity of an economy.

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels in the short-term, considering wages and resource prices as sticky.

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels over a short period, during which some production costs are fixed.

Potential Output

The highest level of real GDP that can be sustained over the long term without increasing inflation.