Table 5-3 Consider the Following Table for the Country of Ophir

question 115

Multiple Choice

Table 5-3
Consider the following table for the country of Ophir:
-Refer to the Table 5-3.What can we conclude about real GDP from this information?

• A) Real GDP was higher in 2015 than in 2014,and real GDP in 2014 was higher than in 2013.
• B) Real GDP was higher in 2015 than in 2013,and real GDP in 2014 was higher than in 2015.
• C) Real GDP was higher in 2013 than in 2014,and real GDP in 2014 was higher than in 2015.
• D) Real GDP was higher in 2013 than in 2014,and real GDP in 2015 was higher than in 2014.

---

Definitions:

Expected Number

The average value or mean of a random variable; it is the long-run average outcome of a random event repeated many times.

False Negative

A false negative occurs when a test incorrectly indicates that a particular condition or attribute is absent.

False Positive

An error in data reporting in which a test result improperly indicates the presence of a condition (such as a disease) when it is not actually present.

Expected Value

The long-run average value of repetitions of the experiment it represents, often used in probability and statistics to predict outcomes of random events.