In Order to Assure Prompt Service,the City Metro Routinely Records

question 12

Multiple Choice

In order to assure prompt service,the city metro routinely records wait times at its various bus stops.The length of time a customer must wait for a bus is recorded in seconds.What type of data are these?

• A) qualitative
• B) discrete
• C) continuous
• D) multivariate

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Definitions:

International Trade

The exchange of goods and services across international borders or territories, which involves the import and export activities between different countries.

Antidumping Actions

A class of protective tariffs imposed by a domestic government on foreign imports that are thought to be priced below fair market value.

Protective Tariffs

Taxes imposed on imported goods to protect domestic industries by making foreign products more expensive compared to local ones.

Fair Market Value

The price at which an asset would trade in a competitive auction setting, reflecting the value of an asset in the open market.