The Difference Between the Highest and Lowest Scores in a Distribution

question 52

Multiple Choice

The difference between the highest and lowest scores in a distribution is the

• A) mean.
• B) range.
• C) median.
• D) standard deviation.

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Definitions:

Go To Market Strategy

A plan that outlines how a company will introduce its products or services to the market effectively.

Labor-intensive Industries

Sectors or businesses that require a large amount of labor to produce goods or services, as opposed to being heavily automated or equipment-oriented.

Availability

The extent to which a product or service is obtainable and ready for use by customers.

Cost of Labor

The total amount spent by businesses on employee wages, benefits, and payroll taxes.