Use the Following to Answer Questions

question 301

Multiple Choice

Use the following to answer questions:
-(Table: The National Income Accounts) Use Table: National Income Accounts.The value of private savings is:

• A) $1.8 trillion.
• B) $0.5 trillion.
• C) $2.8 trillion.
• D) $1.6 trillion.

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Definitions:

Uniform Distribution

A distribution in which all outcomes are equally likely; a flat distribution where every value has the same probability.

Expected Frequency

The theoretical number of times an outcome is anticipated to occur in a statistical experiment based on the total number of observations and the probabilities of outcomes.

Uniformly Distributed

Describes a distribution where all outcomes are equally likely to occur.

Capital Punishment

A legal penalty where a person is sentenced to death by the state as punishment for a crime.