If a Sample Includes Three Individuals with Scores of 2,3,and

question 34

Multiple Choice

If a sample includes three individuals with scores of 2,3,and 4,the estimated population variance is

• A)1
• B)1.33
• C)2
• D)3.67

---

Definitions:

Import Quota

A limit set by a government on the quantity of a specific good that can be imported into the country.

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal per period of time.

Open-Economy Macroeconomic Model

A model that analyzes an economy that interacts freely with other economies around the world, focusing on trade and financial flows.

Government Budget Deficit

Represents the financial situation in which a government's expenditures exceed its revenues within a specific period, leading to borrowing or debt accumulation.