Which of the Following Would Be Considered a Final Good

question 15

Multiple Choice

Which of the following would be considered a final good?

• A) The steel used in the construction of a skyscraper.
• B) The stereo Ford installs in a new Concord.
• C) The paper in your textbook.
• D) A computer you buy for use in your home.

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Definitions:

Sample Size

The number of observations or replicates included in a statistical sample.

Dependent Means

Relates to statistical tests used to compare the means of related groups.

Sample

A selected portion of a population used in statistical analysis, chosen to represent the whole population in studies or experiments.

Dependent-Samples T Test

A statistical procedure used to compare the means of two related groups to find out if there is a significant difference between them.