Table 63 -Refer to Table 6

question 50

Multiple Choice

Table 6.3
$$\begin{array} { | c | c | c | } \hline \text { Scones } & \text { Total Utility } & \text { Marginal Utility } \\\hline 1 & 10 & - \\\hline 2 & 18 & - \\\hline 3 & 24 & 6 \\\hline 4 & 28 & - \\\hline 5 & 30 & 2 \\\hline\end{array}$$
-Refer to Table 6.3,which shows the total utility and marginal utility derived from the consumption of scones.The first column of the table represents the number of scones a consumer consumes in a day.The second column of the table presents the total utility derived from that consumption,and the third column shows the marginal utility of each additional scone.The marginal utility of the fourth scone is _____ units.

• A)4
• B)7
• C)6
• D)24
• E)2

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Definitions:

P-value

The odds of seeing test results that are at least as unusual as those that have been observed, with the assumption that the null hypothesis is correct.

Kruskal-Wallis Test

A non-parametric method for testing whether samples originate from the same distribution, used as an alternative to the one-way ANOVA when the assumptions of ANOVA are not met.

Statistics

The science of collecting, analyzing, interpreting, and presenting data to make decisions or draw conclusions.

7-point Scale

A scale used for data collection, often in surveys, that ranges from 1 to 7, allowing respondents to indicate varying degrees of opinion or experience.