The Measure of __________ Refers to the Degree to Which

question 16

Multiple Choice

The measure of __________ refers to the degree to which the numbers in a data set differ from one another and from the overall average (or mean) of that data set.

• A) extremeness
• B) outliers
• C) difference
• D) variability

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Definitions:

Personal Line

A personal line of credit, a type of unsecured loan that provides a borrower access to a set amount of money which they can borrow from as needed.

Prime Rate

The interest rate that banks charge their most creditworthy customers.

Loan Repayment

The process through which a borrower returns borrowed money to the lender, usually in scheduled installments.

Commercial Paper

An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories, and meeting short-term liabilities.