Which of the Following Actions Will Have No Effect on the Value

question 19

Multiple Choice

Which of the following actions will have no effect on the value of the standard deviation?

• A)Multiply each score in the distribution by 2
• B)Divide each score in the distribution by 2
• C)Subtract 5 points from every score in the distribution
• D)All of the other actions will change the value of the standard deviation

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Definitions:

Purchasing Power Parity

A theory that states that in the absence of transportation and other transaction costs, identical goods should have the same price in different countries when prices are converted into a common currency.

Exchange Rates

The valuation of one currency in the process of being exchanged for another.

Balance Of Payments

A record of all economic transactions during a given period between residents of one country and residents of the rest of the world.

Euros

The eurozone's official currency, adopted by 19 out of the 27 countries in the European Union.