The Sum of the Differences Between the Scores of a Distribution

question 21

Multiple Choice

The sum of the differences between the scores of a distribution and the mean of the scores is always________.

• A) 0.
• B) 1.
• C) the same as the number of cases.
• D) None of the answer choices.

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Definitions:

Constant-cost Industry

An industry in which the costs of production, including the costs of inputs, do not change as the industry's total output changes.

Demand for Resources

The desire and willingness to purchase or acquire resources based on their contribution to production or utility.

Output Increases

A rise in the amount of goods or services produced by a company or economy.

Price-taker Firm

A company that has no control over the market price and must accept the prevailing market price for its products.