Which of the Following Statements Is False

question 39

Multiple Choice

Which of the following statements is false?

• A) Recognizing tradeoffs is an essential part of good decision making.
• B) Most government policies provide people with incentives to take certain actions and avoid others.
• C) People will pursue an action as long as it has benefits associated to it.
• D) Every choice involves a tradeoff.

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Definitions:

Z Score

A statistical measurement that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations from the mean.

Standard Normal Distribution

A distribution of a continuous random variable that is normalized, resulting in a mean of 0 and a standard deviation of 1.

Normal Probability Distribution

A standard normal distribution, often used in statistics to represent real-valued random variables of unknown distributions.

Standard Deviation

A criteria used to determine the amount of spread or variation among a group of data values.