The ______ Is to Be Assessed by Reference to Basic

question 49

Multiple Choice

The ______ is to be assessed by reference to basic benefit to individuals who would otherwise be economically disadvantaged.

• A)social contract
• B)common good
• C)inequality principle
• D)none of these

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Definitions:

Standard Deviation

An assessment of how much the values in a group differ or spread out.

Variance

A metric indicating how spread out a group of numbers is, determined by the mean of the squared deviations from the average.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in the dataset deviate from the mean.

Extreme Scores

Values in a data set that are significantly higher or lower than the majority of the data, potentially acting as outliers.