Measures of Dispersion

question 11

Multiple Choice

Measures of dispersion

• A)represent a measure of distance along a score distribution
• B)cannot be used to describe a group
• C)describe a central point on a score distribution
• D)none of the above

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Definitions:

Limited Liability

A legal structure where an individual's financial risk is limited to a fixed amount, typically the value of their investment in a company.

Perpetual Existence

A term used to describe a company's ability to continue operating indefinitely unless it decides to terminate.

Sole Proprietorship

A business owned and operated by a single individual, with no distinction between the business and owner legally or financially.

Licensing

The act of granting permission to use intellectual property rights, such as trademarks, patents, or software, under specified conditions.