The reason for a bimodel distribution is that a bimodal distribution may occasionally result from merging data from two processes or populations.
<h3>What is a bimodel distribution?</h3>
- Two modes comprise a bimodal distribution. In other words, the results of two distinct processes are integrated into a single collection of data.
- The distribution sometimes goes by the name "double-peaked." Consider the distribution of production data over two shifts in a manufacturing facility.
- Bimodal distributions frequently happen as a result of underlying events.
- A bimodal distribution, for instance, can be seen in the amount of patrons who visit a restaurant each hour because people typically eat out for lunch and dinner.
- The bimodal distribution is brought on by the underlying human behavior.
- If a data set has two modes, it is bimodal. This indicates that no particular data value has the highest frequency of occurrence. Instead, the highest frequency is tied between two data values.
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Answer:
c. Virtual Team
Explanation:
Since they don't meet in person, they are settled in different locations and collaborate through technolgy, they only meet virtually, they are called a virtual team
Answer: cognitive dissonance
Explanation: Cognitive dissonance takes place in the fields of psychology when an individual holds two or more irrational beliefs, concepts, or principles, or takes part in a motion that runs counter to any of these three and thereby perspectives mental stress.
Inconvenience is caused by an individual's belief that conflicts with new interpreted proof (statistics) in which they attempt to take steps to address the inconsistency in order to minimize their distress.
In simple words, The concept behind cognitive dissonance shows that people find psychological continuity regarding their life span and the earth's objective reality.
Answer: F
Explanation: The fed funds rate is the interest rate that depository institutions—banks, savings and loans, and credit unions—charge each other for overnight loans. The discount rate is the interest rate that Federal Reserve Banks charge when they make collateralized loans—usually overnight—to depository institutions.
Answer:
If effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.
Explanation:
A price floor can be described as a price control in which the minimum price to be charged for goods and services is imposed by a government or a group.
For a price floor to be effective and binding, it has to be set above the market or equilibrium price. This is because a price floor will neither be effective nor nonbinding when it set below the equilibrium price.
Any price above the equilibrium or market price creates or leads to excess supply. Excess supply is a situation whereby quantiy of commodity supplied is more than the quantity demanded of the commodity.
Based on the above explanation, if effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.