If a Researcher Wanted to Display the Distribution of the Sex

question 1

Multiple Choice

If a researcher wanted to display the distribution of the sex of a sample of respondents,the appropriate graph would be a

• A)frequency distribution.
• B)population pyramid.
• C)line chart.
• D)bar chart.

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Definitions:

Marginal Utility

The additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

Income

The money received, typically on a regular basis, for work or through investments.

Utils Per Dollar

A hypothetical measurement of the utility or satisfaction a consumer gains from spending one dollar on a good or service.

Risk-Averse

Characteristic of preferring to avoid risk, leading to preference for safer, more certain outcomes over riskier ones.