The Sum of the Absolute Value of the Deviations from the Mean

question 13

Multiple Choice

The sum of the absolute value of the deviations from the mean divided by the number of scores is equal to the ______.

• A)mean
• B)standard deviation
• C)mean deviation
• D)variance

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Definitions:

Ending

The final balance or the concluding part of a financial statement or period.

Capital Balances

The amount of money invested in a business by its owners plus the retained earnings (or minus the losses).

Profits and Losses

The financial gains and shortfalls incurred by a business during its operations, reflecting the difference between revenues and expenses.

Invests

The action of allocating resources, usually money, with the expectation of generating an income or profit.