Which of the Following Equations Is Correct

question 59

Multiple Choice

Which of the following equations is correct?

• A) Rate of growth of per capita real GDP = rate of growth in real GDP - rate of growth of population
• B) Rate of growth of per capita real GDP = rate of growth in real GDP + rate of growth of population
• C) Rate of growth in real GDP = rate of growth of per capita real GDP - rate of growth of population
• D) Rate of growth in real GDP = rate of growth of per capita real GDP + rate of growth of population

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Definitions:

Correct Formula

The precise and accurate equation or expression used to calculate or solve a particular mathematical or analytical problem.

Greek Symbol Chi

A symbol (χ) used in statistics to represent variables, coefficients, and as the chi-square (χ²) test for independence and goodness of fit.

Parametric Statistics

Statistics used for the inference from a sample to a population that assume the variances of each group are similar and that the sample is large enough to represent the population. See Nonparametric statistics.

Sample Assumption

Premises or conditions assumed to be true about the sample in statistical modeling and testing.