What Is the Primary Advantage of Normalization of a Skewed

question 98

Multiple Choice

What is the primary advantage of normalization of a skewed distribution?

• A) greater validity
• B) easier comparability to other scales
• C) greater reliability
• D) eliminates negative numbers

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Definitions:

Buyer's Needs

The specific requirements or desires that consumers are looking to fulfill with the purchase of goods or services.

Break-even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain for a business.

Gross Profit

The financial difference between the revenue generated from sales and the cost of goods sold, before deducting overheads, salaries, and other expenses.

Lodging And Meals

Expenses related to accommodation and food incurred during travel or business trips.