Estimates Using the Arithmetic Average Will Probably Tend to _____

question 62

Multiple Choice

Estimates using the arithmetic average will probably tend to _____ values over the long-term while estimates using the geometric average will probably tend to _____ values over the short-term.

• A)overestimate; overestimate
• B)overestimate; underestimate
• C)underestimate; overestimate
• D)underestimate; underestimate
• E)none of the above are correct

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Definitions:

Wetlands

Areas of land where saturation with water is the dominant factor determining the nature of soil development and the types of plant and animal communities living in the soil and on its surface.

Clean Water Act

A United States federal law that regulates the discharge of pollutants into the nation's surface waters, including lakes, rivers, streams, and coastal areas.

Economic Benefits

Financial gains or advantages received as a result of specific actions, investments, or decisions.

Noncompliance

Failure or refusal to act in accordance with a law, regulation, or set of standards.