Assume the Following

question 22

Multiple Choice

Assume the following.In location A yearly temperatures range from -30°F to 100°F and in location B yearly temperatures range from 55°F to 75°F.In both locations the average yearly temperature equals 65°F.We can conclude that

• A) temperature in location A has a higher variance.
• B) temperature in location B has a higher standard deviation.
• C) temperature in location A has a lower standard deviation.
• D) temperatures in both locations have the same standard deviation but different variances.

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Definitions:

Sherman Act

A foundational antitrust law in the United States aimed at promoting competition and prohibiting monopolistic business practices.

Violation

An act that breaks or disobeys the rules, laws, or agreements, often leading to legal consequences.

Restraint Of Trade

Any activity or agreement that restricts competition or interferes with free trade in the marketplace.

Sherman Act

A foundational United States antitrust law aiming to prohibit monopolistic practices and promote competition.