The Collection of Private,commercially Oriented Organizations,ranging in Size from Sole

question 25

Multiple Choice

The collection of private,commercially oriented organizations,ranging in size from sole proprietorships to large corporations is referred to as

• A)the third sector.
• B)goverrnnent.
• C)business.
• D)the free market economy.

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Definitions:

Positively Correlated

A relationship between two variables where both either increase or decrease together.

Negatively Correlated

A statistical relationship between two variables in which one variable increases as the other decreases.

Positively Skewed

Describes a distribution of data where the tail is longer on the right side, indicating a larger number of observations are below the mean.

Negatively Skewed

Describes a distribution of data where the tail is on the left side of the distribution, indicating that the majority of data points are located to the right of the mean.