Answer:
Here are the missing options:
- A. parameter.
- B. population.
- C. statistic.
- D. sample.
- E. sampling distribution.
The answer is C. statistic.
Explanation:
Statistics refer to values which have been computed to obtain numerical information. It differs from <u>parameters</u> because parameters may provide qualitative information, such as the features of a sample population.
A statistic can be calculated using mathematical functions.
Answer:
They will receive a high wage only when this skill is in great demand relative to its supply.
Explanation:
In the labor market, the law o supply and demand is also followed. The law of demand states "conditional on all else being equal, as the price of a good increases, quantity demanded decreases; conversely, as the price of a good decreases, quantity demanded increases".
The price of labor, wage rate is determined by the intersection of demand and supply. When the demand of labor increases, the equilibrium price increases hence the wage rate increases. Also when the supply of labor increases, the equilibrium price deceases and wage rate decreases. The demand for labor is based on the marginal product of labor and price o output.
The skill or education of the individual or workforce (marginal productivity of labor) affects the productivity or output prices and also shift labor demand.
What passage? I need to see the passage
Anwer:
A state's "pendal code" is the laws that refer to crimes and the imposition to these violations.
Individual citizens elect legislators, who create public policy. Media organizations influence individual citizens and interest groups influence legislators, so they indirectly have a very great influence on public policy. Political parties dominate the legislative branch, and legislators generally follow the platform of their parties.
Note: Foreign diplomats do not have as great or official an influence as those listed above, but they do play a role in pursuing policies that benefit their own country.
