If Excel's Sample Kurtosis Coefficient Is Negative, We Conclude That

question 48

Multiple Choice

If Excel's sample kurtosis coefficient is negative, we conclude that

• A)the population is platykurtic, as long as the sample size is small.
• B)the population is leptokurtic, as long as the sample size is large.
• C)the coefficient is within the range of chance for a symmetric population.
• D)we should consult a table of percentiles that takes sample size into consideration.

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Definitions:

GDP Deflator

An economic metric that converts output measured at current prices into constant-price output, making it possible to compare the real value of aggregate production across different periods.

Base Year

A reference year used in economic index calculations, price comparisons, and economic data to account for the effects of inflation.

Unreported Income

Earnings not declared to tax authorities, often to evade taxation; part of the informal or shadow economy.

GNP

Gross National Product is the total dollar value of all goods and services produced over a specific time period by the nationals of a country, regardless of where the production takes place.