If Canada Exported $8 Billion and Imported $12 Billion Then

question 175

True/False

If Canada exported $8 billion and imported $12 billion then its balance of trade would be a surplus of $4 billion dollars.

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Definitions:

Population

All the members or elements that are examined as part of a statistical study.

Driver's License Number

A unique numerical or alphanumeric code issued by a governmental authority that identifies a person's official driver's license.

Temperature

A physical quantity that expresses the subjective perceptions of hot and cold.

Scales Of Measurement

The systems used to categorize the nature of information that data provides, namely nominal, ordinal, interval, and ratio scales.