Which of the following statements about statistical concepts is FALSE()
A frequency is a tabular display of data summarized into a relatively small number of intervals.
B. An interval is a set of return values within which an observation not falls.
C. A parameter is an descriptive measure of a population characteristic.
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Suppose that the demand curve for soybeans shifts such that the equilibrium price of soybeans decreases 58 percent. At the new equilibrium price, the quantity that soybean suppliers are willing to provide decreases by 3 percent. Which of the following most accurately describes the elasticity of supply for soybeans Elasticity of supply Relative elasticity()
A. -0.05 Elastic
B. +0.05 Inelastic
C. +19.33 Inelastic
When a risk-free asset is unavailable, the optimal portfolio on an efficient frontier for each investor is represented by the:()
A. market portfolio.
B. utility curve that intersects the efficient frontier.
C. highest utility curve that is tangent to the efficient frontier.
What are the two persons talking about
A. In a book store.
B. In a post office.
C. In a shop.
What do we know about the man
A. Yes.
B. No.
C. Not mentioned.