The Easiest and Most Inexpensive Form of Business Organization to Establish

question 11

Multiple Choice

The easiest and most inexpensive form of business organization to establish is a

• A) firm.
• B) corporation.
• C) partnership.
• D) foundation.
• E) proprietorship.

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Definitions:

Percentile Rank

Percentile Rank represents the percentage of scores in a distribution that a specific score is higher than or equal to, used to compare individual performance within a group.

Frequency Table

A method of displaying data by listing each distinct value and the number of times it occurs.

Correlation Coefficient

A statistical measure that describes the extent to which two variables move in relation to each other.

Scatterplot

A type of graphical representation showing the relationship between two variables wherein each point represents an observation.