In the Context of the U

question 143

Multiple Choice

In the context of the U.S. economy, which of the following statements is true of small businesses?

• A) They are less likely to develop revolutionary new ideas.
• B) They have a wider span of control than large businesses.
• C) They are often the last to contract when times are tough.
• D) They often display a refreshing lack of bureaucracy.

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Definitions:

Mean

The arithmetic average of a set of numbers, calculated by dividing the sum of the numbers by the count of numbers in the set.

T Score

A type of standardized score that indicates how many standard deviations an element is from the mean.

Standard Deviation

A measure of the dispersion or spread in a set of data; it quantifies how much the individual data points differ from the mean value.

Mean

The average of a set of numbers, calculated by adding them together and dividing by the count of numbers.