The Range Is a Measure of Variation That Is Simple

question 102

Multiple Choice

The range is a measure of variation that is simple enough to calculate,but its value is

• A) greatly affected by extreme scores in the distribution.
• B) not affected enough by extreme scores in the distribution.
• C) extremely limited when a distribution is relatively platykurtic.
• D) too exaggerated for use with a normal distribution.

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Definitions:

Workers Paid

Workers Paid refers to the total compensation, including wages, salaries, and benefits, given to employees for their labor.

Firms

Business organizations or entities engaged in commercial, industrial, or professional activities, aiming to generate profits through the provision of goods or services.

Workers

Individuals engaged in any form of economic activity to earn wages or salary.

Market Wage

The prevailing rate of pay for work in a particular field or occupation in the competitive market.