As a Measure of Variability, What Is Defined as the Maximum

question 26

Multiple Choice

As a measure of variability, what is defined as the maximum value minus the minimum value?

• A) variance
• B) standard deviation
• C) mean
• D) range
• E) median

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Definitions:

Trend Income Statements

Financial statements that show the progression of key income statement figures over a series of periods, allowing for trend analysis.

Sales

The revenues earned from selling goods or services over a period of time.

Preferred Stock Dividends

Dividends paid on preferred shares of a company which typically have a fixed dividend rate and priority over common stock in dividend payments.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.