The Degree of Variation in or the Numerical Spread of the Data

question 31

Multiple Choice

The degree of variation in or the numerical spread of the data is known as ________.

• A)quartile
• B)median
• C)dispersion
• D)mean

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Definitions:

Managerial Accounting

A branch of accounting focused on providing information to managers within the organization to assist in decision-making.

Financial Accounting

The field of accounting that focuses on preparing reports which provide information to external stakeholders about the financial position and performance of a company.

Plant Manager

An individual responsible for overseeing the daily operations of a manufacturing facility, managing staff, and ensuring production targets are met.

Salary

A fixed regular payment made by an employer to an employee, typically expressed as an annual sum.