If an Entire Population with μ = 60 and S

question 44

Multiple Choice

If an entire population with μ = 60 and s = 8 is transformed into z-scores,then the distribution of z-scores will have a mean of ____ and a standard deviation of ____.​

• A)0 and 1​
• B)​60 and 1
• C)​0 and 8
• D)​60 and 8 (unchanged)

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the net trade of goods and services with foreign countries over a specific time period.

Net Capital Outflow

The difference between the domestic country's total purchase of foreign assets and foreign purchases of the domestic country's assets over a specific period of time.

Currency Depreciate

A decline in the value of one currency relative to another currency, which can affect international trade and economic balance.

Purchasing-Power Parity

A theory in economics that suggests that in the absence of transportation and other transaction costs, identical goods will have the same price in different markets when prices are expressed in a common currency.