Refer to Scenario 1 . The student has already taken 9 exams. His 9th exam was a 65 and his 10th exam was higher than the 9th exam. What can we conclude has happened to his average?

What will be an ideal response?

You can't conclude anything unless you know whether the 10th exam score was higher than his previous average. The fact that it was higher than 65 which was his previous score is irrelevant.

Economics

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Which of the following would shift a nation's production possibilities frontier inward?

A) an increase in the unemployment rate B) producing more capital equipment C) a law requiring workers to retire at age 50 D) discovering a cheap way to convert sunshine into electricity

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The ordinary least square estimators have the smallest variance among all the unbiased estimators.?

Answer the following statement true (T) or false (F)

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