If an Agency Makes a Rule Without Sufficient Evidence to Support

question 17

True/False

If an agency makes a rule without sufficient evidence to support it, the courts could reverse the agency and require the agency to do more work before the rule can become legally effective.

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Definitions:

Supply And Demand

Fundamental economic principles that describe the relationship between the availability of a product or service (supply) and the desire of potential buyers (demand).

Bell Shaped Distribution

A probability distribution that is symmetrical and tapers towards the tails, resembling a bell; commonly known as the normal distribution.

Price-Earnings Ratios

A metric used to value a company by comparing its current share price to its per-share earnings.

Bell Shaped Distribution

A type of distribution, commonly known as a normal distribution, characterized by its symmetrical, bell-shaped curve where most occurrences take place around the mean.