The Sum of the Squared Deviations from the Mean Divided

question 38

Multiple Choice

The sum of the squared deviations from the mean divided by the number of observations minus 1 is called the ____.

• A)range
• B)variance
• C)dispersion
• D)error

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Definitions:

Relevant Information

Data or facts that can influence the outcome of a decision and should be considered when making choices.

Organizational Design

The process of structuring an organization in terms of its workflow, systems, and processes to achieve its objectives and maximize efficiency and effectiveness.

Decision Maker

An individual or entity responsible for making choices or decisions, often in a business or organizational context.

Supervisory Role

A management position where one is responsible for overseeing and guiding employees' or subsidiary organizations' performance.