Regarding Alternative Transporting Modes, Which of the Following Statements Is

question 107

Multiple Choice

Regarding alternative transporting modes, which of the following statements is TRUE?

• A) Waterways usually provide the lowest cost way of shipping heavy freight.
• B) Airways are quickest.
• C) Pipelines offer reliability in moving oil and natural gas.
• D) Trucks serve the most locations.
• E) All of these statements are TRUE.

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Definitions:

Z-score

A measurement of how many standard deviations a data point is from the mean of a data set.

Position

In a general sense, the location or placement of an object or entity; in data analysis, it might refer to the rank or order of a data point within a dataset.

Area

The extent or measurement of a surface or piece of land.

Standard Normal Random Variable

A type of random variable with a mean of 0 and a standard deviation of 1, used in Z-tests.