Question
For a dataset, if the mean is 100 and the median is 90,
the distribution is most likely:Solution
In a positively skewed distribution, the mean is pulled in the direction of the long tail (towards higher values), so the mean is typically greater than the median. Here, Mean (100) > Median (90), indicating positive skew.
If the regression coefficients of x on y and y on x are -1/4 and -1/9 respectively, then what is the correlation coefficient between x and y?
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
What is the standard error of regression y on x when the standard deviation of y is 2 and the coefficient of determination is 0.36
What is the currency deposit ratio (cdr)?
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
Under a fixed exchange rate system (A)_________ would be an exogenous monetary policy instrument, whereas under a flexible exchange rate system (B) ____...
If interest payments are subtracted from gross fiscal deficit, the remainder will be
The GDP’s (at factor cost) and population sizes of two countries A and B were identical in a particular year. Which of the following statements is the...
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Which of the following is an automatic stabilizer in macroeconomics?
