________ Is the Use of People and Resources to Carry

question 5

Multiple Choice

________ is the use of people and resources to carry out essential operations in a way that minimizes costs and avoids wasted effort and resources.

• A) Adaptation
• B) Efficiency
• C) Competitiveness
• D) Reliability

---

Definitions:

Standard Deviations

A statistic that quantifies the dispersion or variability of a distribution, measuring how spread out the numbers are from the mean.

Degrees of Freedom

The volume of independent values or figures that may be assigned within a statistical distribution.

Standard Error

A statistical measure that quantifies the amount of variability in the sampling distribution of a statistic, often used to estimate the accuracy of sample means.

Sample Means

The average value obtained from a sample, used as an estimate of the population mean.