The Table Provides Data About Government Revenue and Various Components

question 29

Multiple Choice

The table provides data about government revenue and various components of government expenditures during a year:
Net government saving during the year is equal to

• A) $10 million.
• B) $20 million.
• C) $30 million.
• D) $25 million.
• E) $5 million.

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Definitions:

Normally Distributed

Describes a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Starting Salaries

The initial amount of money that an employee earns annually when beginning a new job.

Standard Deviation

A system for evaluating the degree of dispersion or deviation among a collection of statistics.

Normally Distributed

A type of distribution in which data is symmetrically distributed with most of the observations clustering around the central peak and the probabilities for values further away from the mean tapering off equally on both sides.