Which of the Following Is the Correct Mathematical Expression to Calculate

question 70

Multiple Choice

Which of the following is the correct mathematical expression to calculate total factor productivity?

• A) Sales value of output produced ÷ Quantity of all inputs used
• B) Quantity of output produced ÷ Quantity of the input used
• C) Quantity of output produced ÷ Costs of all inputs used
• D) Sales value of output produced ÷ Cost of inputs required to produce current year production in previous year

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Definitions:

Z-Score

A statistical metric that describes a value's relationship to the mean of a group of values, measured in terms of standard deviations.

Z-Score

A statistical measure that describes a score's relationship to the mean in a group of scores, typically used to understand how far a point is from the average in terms of standard deviations.

Z-Score

A numerical indicator that represents how a specific value compares to the average of a dataset, illustrated by the number of standard deviations it is from that average.

Z-Score

Represents how many standard deviations an element is from the mean, providing a way to compare data points across different scales.