This Measure of Dispersion Is the Best Indicator of the Total

question 14

Multiple Choice

This measure of dispersion is the best indicator of the total amount of variation within a given sample:

• A) Standard deviation
• B) Range
• C) Variance
• D) Mode

---

Definitions:

Decision Management

The process of making business decisions through repeatable and manageable methodologies, often aided by specialized software.

Standard Costs

Predetermined costs for materials, labor, and overheads used as benchmarks to evaluate actual production or manufacturing costs.

Printer Supplies

Items and consumables such as ink, toner, paper, and maintenance kits needed for the operation of printers.

Academic Term

A period of study in an educational institution, often divided into semesters, trimesters, or quarters.