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-Refer to Above Figure to Answer This Question

question 62

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  -Refer to above figure to answer this question.What could be possible terms of trade between the two countries? A) 1 apple = 0.25 pears. B) 1 apple = 2.5 pears. C) 1 apple = 3 pears. D) 1 pear = 0.5 apples. E) 1 pear = 2.5 apples.
-Refer to above figure to answer this question.What could be possible terms of trade between the two countries?


Definitions:

Standard Deviation

Standard deviation is a measure of the amount of variation or dispersion of a set of values.

Sample Size

The number of observations or data points collected in a statistical study.

Central Limit Theorem

A statistical theory that states the distribution of the sample mean of a large enough number of independent, identically distributed variables will be approximately normal, regardless of the population's distribution.

Sample Means

The average value of a sample, which is a subset of a larger population, used to estimate the population mean.

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