One Disadvantage of the Range Is That ______

question 22

Multiple Choice

One disadvantage of the range is that ______.

• A) it only works for nominal level data
• B) you can get negative values for a range
• C) it can be too accurate
• D) it may distort the dispersion of the data

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Definitions:

Annual Income

The total amount of money earned by an individual or business in one year from all sources.

Work Effort

The amount of physical or mental energy used to perform a task or achieve an objective.

Economic Pie

A metaphor for the total amount of wealth or resources available in an economy that can be distributed among its participants.

Reward

A benefit or return that results from performing a particular action or behavior, often seen as a motivation.