Which of the Following People Would Be Most Interested in Participating

question 62

Multiple Choice

Which of the following people would be most interested in participating in a business organized as a cooperative?

• A) Joe is intrigued by the idea of combining his time and resources with many other people to operate a business providing a good or service that they all will use.
• B) Joan wants to be an owner of a business and share in its profits, but has no desire to take an active role in managing the company or participating in its daily operations.
• C) Jeff wants to work for a government-owned business because he believes government ownership ensures a more equitable distribution of income and wealth.
• D) Jennifer prefers to work for a charitable organization that emphasizes helping people who are less fortunate than she is.

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Definitions:

Deviation

In statistics, it refers to the difference between the observed value and the mean of a dataset, indicating how much the data points diverge from the average.

Skewness

A measure of the asymmetry of the probability distribution of a real-valued random variable.

Median

The middle value in a data set when the values are arranged in ascending or descending order.

Mode

The value that appears most frequently in a data set.