Refer to the Information Provided in Figure 4

question 6

Multiple Choice

Refer to the information provided in Figure 4.1 below to answer the question(s) that follow. Figure 4.1
-Refer to Figure 4.1. If a 10-cent-per-apple tax is levied on imported apples, the United States will

• A) import 2 million apples per day.
• B) import 4 million apples per day.
• C) import 6 million apples per day.
• D) import 8 million apples per day.

---

Definitions:

Standard Error

A statistical measure that quantifies the variability or uncertainty in the sampling distribution of a statistic, often used in estimating margins of error.

Flip A Coin

A basic probability experiment involving tossing a coin to observe whether the outcome is heads or tails.

Probability

The estimation of the chances of an event taking place.

Sample Proportion

A statistical measure that represents the fraction of the sample that has a particular characteristic.