The Term Franchising Was Derived from

question 85

Multiple Choice

The term franchising was derived from

• A) a Gallic word meaning "to sell or bargain for another."
• B) the archaic Norman form of "franshen" meaning "to trade with strangers."
• C) a French word meaning "freedom" or "exemption from duties."
• D) the Dutch trading term meaning "to drive a fair bargain."

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Definitions:

Standard Deviation

A measure of the dispersion or variation in a set of values, indicating how much they deviate on average from the mean.

Variance

A statistical measurement of the dispersion of a set of data points around their mean, indicating how spread out the data are.

Expected Value

A calculated average of all possible outcomes of a random variable, weighted by their probabilities.

Expected Value

A calculated average outcome of a random event, considering all possible outcomes and their probabilities.