If the Standard Deviation for a Set of Data Is

question 15

Multiple Choice

If the standard deviation for a set of data is 0, which of the following must be true?_

• A) All the data values equal 0.
• B) All of the data values are identical.
• C) All of the data values are negative.
• D) None of the above must be true since standard deviation cannot be equal to 0.

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Definitions:

Residual Claimants

Individuals who personally receive the excess, if any, of revenues over costs. Residual claimants gain if the firm’s costs are reduced or revenues increase.

Market Wages

The prevailing pay rates for work in a particular market or industry, determined by supply and demand dynamics.

College Graduates

Individuals who have successfully completed a degree program at a college or university.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex, rephrased from employment context to a general context.