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Bivariate distribution. NPar Tests [DataSet]] C: Usersgmb gDocumentsWFC. sav One-Sample Kolmogorov-Smirnov Test WFC N 77 Normal Parameters .b Mean 2.8365 Std Deviation 69369 Most Extreme

Bivariate distribution.

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NPar Tests [DataSet]] C: \\Users\\gmb g\\Documents\\WFC. sav One-Sample Kolmogorov-Smirnov Test WFC N 77 Normal Parameters .b Mean 2.8365 Std Deviation 69369 Most Extreme Differences Absolute 138 Positive 138 Negative .086 Kolmogorov-Smirnov Z 1.208 Asymp Sig. (2-tailed) 108 a. Test distribution is Normal b. Calculated from data. Sn search WWhich of the following is an advantage of multivariate correlational research over bivariate correlational research? O Bivariate correlational studies help address internal validity, whereas multivariate correlational studies do not. Multivariate correlational studies establish covariance, whereas bivariate correlational studies do not. O Some multivariate correlational studies help to address temporal precedence, whereas bivariate correlational studies do not. Multivariate correlational studies help to address external validity, whereas bivariate correlational studies do not.12. Normative Economics is: A) An economic prediction based on an analysis of historical trends B) An analysis of actual economic results C) An economic model that predicts future economic results based upon assumed change to one or more economic factors, while holding other economic factors constant D) Both A and C 13. What can cause the Production Possibility Frontier (PPF) to contract, that is to say, move the PPF further to the left? A) Minimum Wage B) Price Ceiling C) An increase in raw materials needed in production D) Price Floor 14. When the market is in equilibrium: A) More profit is made B) Consumers benefit but producers do not C) The use of economic resources is maximized D) Both B and C 15. Minimum wage is a price floor that A) Might increase the cost of production if wages would have otherwise been lower B) May increase both consumer and producer value C) Might not increase the cost of production if wages are already higher D) Both A and C 16. Economic decisions are made "on the margin". What does this mean? A) Tradeoffs are based on marginal value B) Tradeoffs are based on average value C) Tradeoffs are based on total value D) None of the above 17. What does a Production Possibility Frontier represent? A) The line or curve that defines the comparative advantage between products B) The line or curve that defines the cost production tradeoffs between products C) The line or curve that defines the consumption tradeoffs between products D) Both A and B

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