Exhibit 4.9 -As Shown in the Exhibit Given Below, When the Government

question 178

Multiple Choice

Exhibit 4.9

-As shown in the Exhibit given below, when the government sets rent at $750 per month, the result is a(n) _____

• A) equilibrium in the market for rented apartments.
• B) increase in the supply of rented apartments.
• C) shortage of rented apartments.
• D) economic profit for the owners of rented apartments.
• E) decrease in the demand for rented apartments.

Interpret the impact of outliers and the concept of skewness in data.

Determine the methods to explore the relationship between different variables.

Understand the concept and importance of correlation between variables.

Identify appropriate graphical representations for various types of data.