Which of the Following Statements Is Correct

question 45

Multiple Choice

Which of the following statements is correct?

• A)Because it is subject to change, and frequently does, consumer and business confidence has only a minimal impact on future economic activity.
• B)Because it has historically remained steady, consumer and business confidence has only a minimal impact on future economic activity.
• C)Consumer and business confidence is extremely important and can have a great impact on future economic activity.
• D)Consumer confidence is extremely important and can have a great impact on future economic activity. The same is not true of business confidence.

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Definitions:

Data

Collected factual material, usually numeric, that serves as a basis for reasoning, discussion, or calculation.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of values.

Distributions

Distributions describe how the values of a variable are spread or distributed across possible values.

Data

Information collected for analysis or reference.