One Is Most Likely to See a Program Used to Make

question 161

Multiple Choice

One is most likely to see a program used to make a(n) ________ decision.

• A)routine
• B)unique
• C)executive-level
• D)important
• E)ill-structured

---

Definitions:

Variance

A measure of the spread or dispersion of a set of values, indicating how much the values differ from the mean of the set.

Risk

Exposure to uncertainty or potential financial loss; the chance that an investment's actual gains will differ from expected gains.

Consistency

A property of an estimator in statistics that indicates the ability to produce estimates closer to the true parameter value as the sample size increases.

Variability

The measure of how data points in a data set differ from the mean of the data set.