Answer:
The reason why it is statisticaly misleading is because, while it is true that the average fee is $73 (the median value in statistical terms), averages are a statistical measure that is very sensitive to extreme values.
That is to say, if a value is very high, or very low, the statistical mean will be biased.
We can see this in the question. Three values are higher than the average, and relatively close: $85, $92, and $107. The third value, however, is way lower, at only $8. This extreme low value alters the median value, making it biased and misleading.
Answer:
You have a choice of B. or D.
I will go with D.
Explanation:
hope it's correct
Answer:
The correct answer is letter "C": the marginal cost and marginal benefit of the policies.
Explanation:
The Economic Perspective is a concept that involves making decisions based on the marginal costs and benefits they could carry. Those decisions must be taken because of the basic economic problem of scarcity by which people have unlimited desires but only finite sources to fulfill them.
It is a true statement that extreme care need to be exercise while making decision involving capital investment.
<h3>What are
capital investment?</h3>
These are investment that entails a long-term commitment of funds for business operations.
These is an investment that allows a company to further its long-term business goals and objectives.
In conclusion, an extreme care is needed while deciding on capital investment because a wrong decision will affect the firm operation in the long run.
Read more about capital investment
<em>brainly.com/question/9144560</em>
