A Sample of N = 5 Scores Has a Mean

question 71

Multiple Choice

A sample of n = 5 scores has a mean of M = 12.What is ΣX for this sample?​

• A)​12/5 = 2.40
• B)​5/12 = 0.417
• C)​5(12) = 60
• D)​5²=25

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Definitions:

International Trade

The exchange of goods and services across international borders or territories, often influenced by trade agreements, tariffs, and economic policy.

Consumption Possibilities

The different combinations of goods and services that a consumer can afford to purchase at given prices with their income level.

Production Possibilities

Represents the various combinations of goods and services that an economy can produce, given its technological capabilities and resources.

Major Exporter

A country or region that sells a large quantity of goods or services to other countries.