Which of the Following Is NOT a Measure of Variability

question 129

Multiple Choice

Which of the following is NOT a measure of variability?

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

---

Definitions:

Price-Elasticity Of Demand

A way to quantify the effect price changes have on the demand for a good.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price within a specified period.

Price Elasticity Of Demand

A measure reflecting how price adjustments influence the demand quantity of a good.

Responsiveness

The quality of reacting quickly and positively, often used in contexts ranging from customer service to mobile or web design, indicating agility and attentiveness to needs or changes.