Consider the following data, where gross domestic product (G…

Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the next seven questions.Year Nominal GDP Real GDP GDP Deflator 2015 ________ $650 100.0 2016 $700 ________ 103.7 2017 $775 $725 ________ 2018 ________ $750 110.0What is the value of nominal gross domestic product (GDP) in 2018?

A team of researchers believe that passersby walking near a…

A team of researchers believe that passersby walking near a church will donate more money than passersby walking by a government building. They randomly assign participants to walk one of two paths around campus (one near a church and one near a local government building), with an actor in the middle of each path asking for donations. In this example, what is the measured variable?

Carol’s workplace is in the 70th percentile for the variable…

Carol’s workplace is in the 70th percentile for the variable “number of workplace-related injuries” in her field. She believes this is a good thing, since 70% in school is a passing grade. Explain, in common language, what this number means and whether her interpretation is correct.