In certain economies, the government operates as the central authority, guiding the economy and controlling (and owning) many of the businesses. Instead of being produced to make a profit, goods and services are produced for uses planned by the government. What type of economy does this describe? A. gift economy B. market economy C. socialist economy D. laissez-faire economy

Socialist economy

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b) 62.47% of the students are between 14 and 18 years old.

step-by-step explanation:

mean = 15 and standard deviation = 2

student between 14 to 18

formula used z-score

for age 14 , z score

using z-table , p(z> -0.5)=0.3085

for age 18 , z score

using z-table , p(z< 1.5)=0.9332

p(-0.5< z< 1.5)=0.9332-0.3085 = 0.6247

thus, 62.47% of the students are between 14 and 18 years old.

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