Which of the Following Is Not an Example of a Cost

question 1

Multiple Choice

Which of the following is not an example of a cost externality?

• A)the dumping of industrial waste into a lake
• B)unsightly billboards
• C)a neighbor that blasts his stereo system
• D)the building of a new type of jet fighter bomber
• E)All of the above

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Definitions:

Confidence Estimate

An interval estimate calculated to indicate the reliability of an estimated range in which a population parameter lies.

Observations

Data points or values that have been collected or measured in a study or experiment.

Value Of T

The value of t, often found in t-tests, quantifies the difference between an observed sample mean and its hypothesized population mean value, measured in terms of standard errors.

Degrees For Freedom

The number of independent values in a statistical calculation that can vary without violating any given constraints.