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Ryan, an Employee of Widget Corp

question 107

Multiple Choice

Ryan, an employee of Widget Corp., makes and sells customized paper notebooks. He uses the company's intranet to advertise the notebooks and sell them to the employees of the company. This is an example of _____ e-commerce.


Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; how spread out numbers are around the mean.

Median

The middle value of a data set, which divides the set into two equal halves when arranged in ascending or descending order.

Pth Percentile

A value on a rank-ordered dataset below which a certain percentage (P) of observations fall.

Observations

Data collected during an experiment or research, representing the values or attributes of variables of interest.

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