(I If a Distribution Is Highly Skewed, the Median (Measure

question 98

Multiple Choice

(i. If a distribution is highly skewed, the median (measure of central tendency) should be avoided.
(ii. A characteristic of the population is called a parameter
(iii) A sample revealed that the ages of musicians playing in small local combos are 36, 29, 37, 32,
36 and 75. The median is the most appropriate measure of central tendency to represent the ages
Of the musicians.

• A) (i), (ii) and (iii) are all correct statements
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements, but not (i).
• E) (i), (ii) and (iii) are all false statements.

Understand the elements of effective strategic planning and goal setting.

Understand the key behaviors and characteristics of an entrepreneur.

Identify the stages in the innovation process and the start-up process model for small businesses.

Recognize the barriers and challenges faced by small businesses and entrepreneurs in innovation and growth.

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Definitions:

Manifest Content

In psychoanalysis, the literal storyline or surface level of a dream, as opposed to the hidden, symbolic meaning.

REM Rebound

The phenomenon where there is an increase in REM sleep after being deprived of it, often experienced during recovery from sleep deprivation.

Alpha Waves

Brainwave patterns associated with a relaxed yet awake state, typically occurring when a person is calm and alert.

Sleep Spindles

Short bursts of brain activity characterized by rapid oscillations, observed in EEG readings during certain stages of sleep.