The formular (N + 1)/2 is used to determine the
Mean
Median
Mode
Standard deviation
Mean deviation
Correct answer is B
No explanation has been provided for this answer.
The recent revolution of Cassava from ordinary food crop to export crop will lead to
Decrease in price of cassava flour
Decrease in production of cassava
Decrease in production of local starch
Increase in production of other crops
Increase in the prices of cassava products
Correct answer is E
No explanation has been provided for this answer.
If the standard deviation of a set of numbers is 3.6, what is the variance?
12.49
12.69
12.9
12.96
12.98
Correct answer is D
No explanation has been provided for this answer.
The following determine the level of consumption EXCEPT
Expectation of price changes
Level of income
Savings
The rate of taxes paid
The political climate
Correct answer is E
No explanation has been provided for this answer.
The following will occur when maximum price is fixed below the free market price EXCEPT that
Black market will be encouraged
Excess demand will occur
Excess supply will occur
Rationing of commodities will occur
Scarcity of goods will occur
Correct answer is C
No explanation has been provided for this answer.