If you decide to buy one of these tvs, what statistic is most relevant, other than the measures of central tendency? choose the best answer below.
a. the lowest price is a relevant statistic for someone planning to buy one of the tvs.
b. the highest price is a relevant statistic for someone planning to buy one of the tvs.
c. the difference between the lowest price and the highest price is a relevant statistic for someone planning to buy one of the tvs.
d. the price that occurs least frequently is a relevant statistic for someone planning to buy one of the tv

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

Bill dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in stock x and the remainder is invested in stock y. x's beta is 1.50 and y's beta is 0.70. what is the portfolio's beta? do not round your intermediate calculations. round the final answer to 2 decimal places.