How is the probability of an event defined?
What will be an ideal response?
The probability of an event is the frequency with which it occurs. The probability that one of N particular numbers is chosen randomly out of 100 numbers is N/
Economics
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Was the price of almonds expected to rise or fall? Did a change in the supply of or demand for almonds bring about this expected change in the price?
What will be an ideal response?
Economics
Real standards of living can increase
A) if the country is producing the same amount they traditionally have and are enjoying more leisure time. B) only if there is positive economic growth. C) if there is positive growth in the manufacturing sector. D) only at the cost of increased urban congestion.
Economics