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Answer all the following questions. (Reminder you may not submit a PDF file or any other file not in the format of a .doc or .docx file which are Word Document files. No handwritten work in any form, scanned in, picture or hardcopy. This applies to all assignments.)
1. What are the key elements of the scientific method as outlined in your text?
2. Define each of the key elements of the scientific method in your own words.
3. There are three measures of central tendency, mean, mode, and median. Define each measure of central tendency.
4. Using the data set { 19, 4, 5, 4, 9, 10, 11 }, find the mean.
5. Using the data set { 19, 4, 5, 4, 9, 10, 11 }, find the mode.
6. Using the data set { 19, 4, 5, 4, 9, 10, 11 }, find the median.
7. Define opportunity cost. What was your opportunity cost in completing this assignment?
Text
William McEachern, Micro ECON, 6th ed., Cengage, 2017, 2019
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