Statistical Data Provided by the U

question 8

Multiple Choice

Statistical data provided by the U.S. Department of Transportation shows that the median income of individuals traveling on the nation's bus systems is $18,000 compared to $65,000 for those who normally travel by air. This finding is best explained by which of the following statements?

• A) Persons with high income are more likely to fly because the opportunity cost of their time is generally higher than those with lesser income.
• B) Traditionally, lower income groups prefer slower methods of transportation.
• C) Wealthy individuals own stock in the airlines and, therefore, receive preferential treatment.
• D) Low-income groups are generally located near bus stations; wealthy groups congregate around airports.

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Definitions:

Reliable Measurement

The consistency and stability of the data collected over time, ensuring accuracy in research or assessment.

Consistent Results

Outcomes that are regularly uniform and predictable across a series of tests or evaluations, indicating reliability.

Interviewing

The process of asking questions and evaluating a candidate for a potential job, role, or position.

Selection Decision

The process of choosing the most suitable candidate for a position from a pool of applicants.