The Difference Between the Largest and the Smallest Data Values

question 56

Multiple Choice

The difference between the largest and the smallest data values is the

• A) variance.
• B) interquartile range.
• C) range.
• D) coefficient of variation.

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Definitions:

Contribution Margin Ratio

A ratio that measures the portion of sales revenue that exceeds variable costs, indicating how sales affect profitability.