Which Probability Distribution Is Skewed to the Right,with the Mean

question 2

Multiple Choice

Which probability distribution is skewed to the right,with the mean larger than the median?

• A) A rectangular distribution.
• B) The normal distribution.
• C) A uniform distribution.
• D) An exponential distribution.

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Definitions:

Income

Money received, especially on a regular basis, by an individual or business in exchange for providing labor, goods, or services, or through investing.

MPC (Marginal Propensity to Consume)

The proportion of an increase in income that is spent on consumption rather than being saved.

Government Purchases Multiplier

The ratio of change in aggregate economic output to a change in government spending, used to analyze the effect of fiscal policy on the economy.

Aggregate Demand

Total economic need for all goods and services within an economy, pegged at a designated price level during a chosen period.