Which of the Following Is True of Cost-Benefit Analysis

question 83

Multiple Choice

Which of the following is true of cost-benefit analysis?

• A)It supports only short-run decision making.
• B)It considers quantitative costs and benefits,not qualitative.
• C)It conveys that the benefits from a project should exceed its costs.
• D)It supports only long-run decision making.

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Definitions:

Normal Distribution

A bell-shaped 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.

Sample Size

Sample size refers to the number of observations or data points collected in a study.

Sampling Distribution

The arrangement of probabilities for a specified statistic, coming from a randomly chosen sample.

Sample Proportion

The fraction of the total sample that represents a particular trait or characteristic.