The Population Variance Is Defined as the Sum of The

question 53

Multiple Choice

The population variance is defined as the sum of the.

• A)squared differences of each score from the sample mean of a distribution divided by the sample size
• B)differences of each score from the mean of a population divided by the population size
• C)squared differences of each score from the mean of a population divided by the population size
• D)differences of each score from the mean of a population divided by the population size minus one

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Definitions:

Liability

Financial obligations or debts that a company owes to others, reflected on the balance sheet.

Drawing Account

An account used to record withdrawals of cash or other assets by the owner for personal use, reducing owner's equity.

Expense

An expense refers to the money spent or cost incurred in an entity's efforts to generate revenue representing the cost of doing business.

Account Title

The name given to an account in the financial statements that uniquely identifies it.