Which of the Following Statements Is False? Human Capital

question 23

Multiple Choice

Which of the following statements is false? Human capital

• A)is the accumulated skill and knowledge of human beings.
• B)is costly to acquire.
• C)increases from on-the-job training.
• D)increases from higher wages.
• E)increases from education.

---

Definitions:

Mode

The value that appears most frequently in a data set, a measure of central tendency.

Variance

A measure of the dispersion or spread of a set of data points, calculated as the average of the squared differences from the mean.

Central Tendency

A statistical measure that identifies a single value as representative of the middle of a dataset, commonly the mean, median, or mode.

Outliers

Data points that lie an abnormal distance from other values in a random sample from a population, often indicating a measurement or transcription error, or a novel phenomenon.