Activity In this activity, you will contemplate a scenario that will help you better understand the different types of economies.
Question 1
Assume that you and 10 of your friends are stuck on a deserted island. No one is coming to get you. So, you have no
option other than adjusting to this new life. Answer these questions about what you might do in this situation.
Part A
There are fruit trees on the island. Everyone spends an equal number of hours collecting fruit. How do you decide how
much fruit each person gets? Choose one of these options, and explain your choice.
1. You divide it equally among the 11 of you.
2. Everyone gets only the fruit he or she personally collected.
3. The leader decides how to best use it.
4. The person with the most resources back home gets most of the fruit.

Lab 1: central tendency and standard deviation directions: use excel to compute descriptive statistics. problem: you are the manger of a fast food store. part of your job is to report to the boss at the end of each day which special is selling best. use your knowledge of descriptive statistics and write one paragraph to let the boss know what happened today. here are the data. use excel to compute important values (mean, median, mode, and standard deviation). make sure to include a copy of your work. this should be submitted via canvas (no exceptions). make sure you include your excel work in addition to a summary of the results. special number sold cost huge burger 20 $2.95 baby burger 18 $1.49 chicken littles 25 $3.50 porker burger 19 $2.95 yummy burger 17 $1.99 coney dog 20 $1.99 total specials sold 119