by Sunday | Oct 23 | Economics JAMB
A. range B. mean C. mode D. median Correct Answer: Option C – mode Explanation The mode of a set of data is the value that appears most often. From the question above, the size of dresses and shoes with the highest occurence or appearance would be easily...
by Sunday | Oct 23 | Economics JAMB
A. is not affected by extreme values in a data B. is a midpoint value in an array of data C. is a balancing point in an observation D. can be calculated from incomplete data Correct Answer: Option C – can be calculated from incomplete data Explanation The mean...
by Sunday | Oct 23 | Economics JAMB
A. always measured from the mode B. the most representative of averages C. always measured from the median D. a measure of dispersion Correct Answer: Option D – a measure of dispersion Explanation The standard deviation is a statistic that measures the...
by Sunday | Oct 23 | Economics JAMB
A. efficient allocation of resources B. the invisible hand C. the regulatory nature of the market D. consumer rationality Correct Answer: Option C – the regulatory nature of the market Explanation What is a regulated market? A regulated market is one that is...
by Sunday | Oct 23 | Economics JAMB
A. efficient allocation of resources B. production of goods C. operation of companies D. generation of income Correct Answer: Option A – efficient allocation of resources Explanation Economics as the study of human behaviour has to do with efficiently allocating...
by Sunday | Oct 23 | Economics JAMB
A. Industrial development B. Income per head C. Revenue generation D. Economic development Correct Answer: Option B – Income per head Explanation The optimum population is a concept where the human population is able to balance maintaining a maximum population...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.