The value of the statistic for the annual sales in Canadian dollars; C) The standardized score of the minimum annual sales
Standardized scores are defined as scores or data values that have been given a common standard. This standard is a mean of zero and a standard deviation of 1.
Now, in this question the literacy project involved comparing the annual sales of companies. Thus, the value of the statistic for the annual sales in Canadian dollars be equal to the value of the corresponding statistic in United States dollars is the standardized score of the minimum annual sales.
The complete question is; Nyasha's financial literacy project involved comparing the annual sales of companies in Canada and companies in the US that produce software. Using the ratio of 1 CAD to 0.75 USD, she converted all annual sales from the Canadian companies into United States dollars. For which of the following will the value of the statistic for the annual sales in Canadian dollars be equal to the value of the corresponding statistic in United States dollars?
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