A Negative Value of Z Indicates That

question 27

Multiple Choice

A negative value of z indicates that

• A) the number of standard deviations of an observation is to the right of the mean.
• B) the number of standard deviations of an observation is to the left of the mean.
• C) a mistake has been made in computations, since z cannot be negative.
• D) the data has a negative mean.

---

Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's economies, cultures, and populations.

Modernization Theory

A model of economic and social development that explains global inequality in terms of technological and cultural differences between nations.

Industrialized Nations

Countries that have significantly developed their industries and infrastructure, leading to a high standard of living and advanced technological capabilities.

Absolute Poverty

The failure to meet the basic needs of life, including adequate food, clean water, and shelter.