The Difference Between the Highest and Lowest Numbers in a Data

question 103

Multiple Choice

The difference between the highest and lowest numbers in a data set is referred to as the __________.

• A) deviation score
• B) standard deviation
• C) range
• D) variance

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Definitions:

Interest

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.

Expected Profit Rate

The forecasted return on investment, predicting the percentage of profit relative to costs.

Investment

The allocation of resources or capital to create profit in the future.

Treasury Bond

Long-term, interest-bearing securities issued by the U.S. government as a means of borrowing money to fund government spending.