The Spread Around the Center of a Distribution Can Be

question 4

Short Answer

The spread around the center of a distribution can be measured three ways.The ______ gives the highest and lowest ends of a set of numbers.

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Definitions:

Elasticities

Measures of how much the quantity demanded or supplied of a good responds to changes in price, income, or other factors, indicating the sensitivity of demand or supply to changes.

Elasticity Value

A measure in economics to show how much the quantity demanded of a good or service changes in response to a change in its price.

Teacher Absenteeism

The frequent absence of teachers from their duties, which can significantly impact student learning experiences and outcomes.

Compensation

Payment or benefits provided to employees in exchange for their labor or services, which can include wages, salaries, and additional benefits.