All of the Following Are Reasons Why China Is Unlikely

question 238

Multiple Choice

All of the following are reasons why China is unlikely to maintain high enough rates of productivity growth to catch-up with the standard of living in the Canada except

• A)Canada invests more in research and development.than does China.
• B)much of China's growth is likely due to the transition from a centrally-planned economy to a market economy.
• C)because of the low birth rate in China, the labour force will soon decline.
• D)the Chinese migration of rural workers to more productive urban jobs.

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Definitions:

Sampling Distribution

The probability distribution of a statistic based on random samples from a population, used to estimate population parameters.

Standard Deviation

An indicator of the degree to which a dataset's values vary or are dispersed, showing the extent of deviation from the average.

Normal Distribution

A distribution of probabilities that is even on both sides of the mean, illustrating that values near the mean happen more often than values at a greater distance from the mean.

Weibull Distribution

A continuous probability distribution used widely in reliability engineering and failure analysis, which can model various types of data including life data and failure times.