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Moe divides his time between studying Physics and studying Economics. His production possibilities curve for his final grade in each class is shown below. Both of Moe's professors require at least a 65 to pass and a 90 to earn an A. Which of the following is true?
Raw Material
Basic materials that are used in the production of goods, finished products, or intermediate materials that are feedstock for future finished products.
Statistics
The science of collecting, analyzing, interpreting, and presenting data.
Data
The facts and figures collected, analyzed, and summarized for presentation and interpretation.
Nominal Scale
A measurement scale used for categorization without a natural order or rank.
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