The ________ Is Determined by Adding Up Participants' Scores and Dividing

question 62

Multiple Choice

The ________ is determined by adding up participants' scores and dividing by the number of participants.

• A) median
• B) standard deviation
• C) correlation coefficient
• D) mean

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Definitions:

Profit Center

A segment or division of a company that is directly responsible for generating its own revenue and profit.

Cost Center

A department or function within a business to which costs are charged for accounting purposes, but does not directly generate revenue.

Investment Center

A business unit or segment within an organization that is responsible for its own revenues, expenses, and investments in assets.

Gross Profit

The difference between revenue and the cost of goods sold, indicating the efficiency of a company in managing its labor and supplies in the production process.