Choose the Statement That Is Incorrect

question 107

Multiple Choice

Choose the statement that is incorrect.

• A)Gains from trade do not bring gains for every single person.
• B)Canadians,on average,gain from offshore outsourcing.
• C)The losers from offshore outsourcing are those who have invested in the human capital to do a specific job that has now gone offshore.
• D)The costs from offshore outsourcing outweigh the gains.
• E)Offshore outsourcing brings gains from trade identical to those of any other type of trade.

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Definitions:

Population Variance

Average squared deviation of a score from the population mean.

Interquartile Range

The difference between the 25th and 75th percentiles of a dataset, representing the middle fifty percent of the data.

Data

Information collected for reference or analysis, often numerical in nature, used to calculate or demonstrate patterns.

Squared Deviation

The square of the difference between an observed value and the mean, used in statistical analysis to measure variance.