The Term ______ Describes the Shape of a Distribution of Values

question 135

Multiple Choice

The term ______ describes the shape of a distribution of values when the distribution has two peaks.

• A)skewed
• B)symmetric
• C)negatively adjusted
• D)bimodal
• E)positively skewed

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Definitions:

Parol Evidence Rule

A legal principle that prevents parties from using oral or extrinsic evidence to contradict a written agreement.

Statute of Frauds

A legal requirement for certain types of contracts, such as those involving real estate, to be in written form to be valid.

Sales Contracts

Sales contracts are formal agreements between a buyer and seller detailing the terms of a transaction of goods or services.

Retail Arena

The overall retail environment or marketplace where businesses sell goods and services to consumers.