Which of the Following Statements Is NOT True Regarding Z-Scores

question 51

Multiple Choice

Which of the following statements is NOT true regarding z-scores?

• A) They describe an average amount that an entire distribution of scores deviates from the mean.
• B) They describe how far a particular raw score deviates from the mean.
• C) They are in standard deviation units.
• D) Negative z-scores reflect deviations below the mean.

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Definitions:

Disposable Income

Resources available to households for financial management in spending and saving after income tax deductions.

Consumption

The use of goods and services by households or the amount spent on them.

GDP

The total worth of goods and services generated inside the confines of a country during a set period, known as Gross Domestic Product, acts as a wide-ranging gauge of the country's economic health.

Consumption

Consumption refers to the use of goods and services by households. It is a primary component of economic activity, measuring the total value of all goods and services consumed over a specific time period.