A Distribution of Scores in Which Almost the Entire Class

question 62

Multiple Choice

A distribution of scores in which almost the entire class scored very high, but a few students scored fairly low would be ______.

• A)negatively skewed
• B)positively skewed
• C)unskewed
• D)normally distributed

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Definitions:

Free Enterprise

An economic system based on private ownership, voluntary exchange, competition, and the freedom of individuals to engage in business transactions.

Oligopoly

A market structure characterized by a small number of large firms dominating the industry, often leading to limited competition.

Pure Monopoly

A market structure characterized by a single seller, selling a unique product in the market with no close substitutes, leading to significant control over prices.