A command economy typically has:
- The demand and the supply controlled by the government.
- Prices that are artificially controlled.
- Resource allocation is determined by macroeconomic considerations, as opposed to those of small firms or business owners.
The most famous example was that of the former Soviet Union.
African american have bmr that are about 10 percent lower then that of caucasians true or false True
In the confidence interval method the sample data must come from a population that is normally distributed with no outliers.
A confidence interval is a range of values derived from observable data at a desired level of confidence that may include the parameter's true value. The confidence level, such as a 95% confidence level, refers to the accuracy of the estimating process rather than the degree of assurance that the computed confidence interval accurately represents the true value of the parameter under investigation. Confidence intervals are typically written as (some value) ± (a range). The range can be expressed as a percentage or as a real amount. The equation used to determine the confidence interval varies depending on which standard deviation is known.
Learn more about confidence interval calculation
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1 is concession 2 is federal 3 is d
