The Countries with the Lowest Output Per Capita

question 2

Multiple Choice

The countries with the lowest output per capita

• A)are rich with human capital, but have little physical capital.
• B)are rich with physical capital, but have little human capital.
• C)are poor in both human and physical capital.
• D)have low living standards in spite of relatively high levels of both human and physical capital.
• E) may or may not be poor in human capital, depending on whether the exchange rate or purchasing power parity method is used for comparison.

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Definitions:

Standard Deviation

A gauge of the spread or scatter of numbers in a collection.

Lower Control Limit

The lower control limit is the statistical lower boundary on a control chart, helping to identify process variation or signal the need for corrective action if data points fall beyond this limit.

Upper Control Limit

The highest value on a control chart that signals the process is in control and within set parameters.

Sample Proportion

The fraction or percentage of individuals or items in a subset of a population that meet a specified criterion, used to estimate the true proportion.