A Researcher Records the Following Data: 4,4,4,4,and 3

question 65

Multiple Choice

A researcher records the following data: 4,4,4,4,and 3.How would you describe the variability of these data?

• A) It is equal to zero because scores are approximately the same.
• B) It is negative because 3 is less than the other scores in the distribution.
• C) It is very small (close to 0) because scores are approximately the same.
• D) It is very large (much greater than 0) because 3 is an outlier in the data.

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Definitions:

Pre-Acquisition Equity

The equity interest in a company before any acquisitions, typically involving the original shares and retained earnings before new investments.

Loss of Control

A situation where a company or shareholder no longer has the power to direct the financial and operating policies of another entity to gain benefits from its activities.

Dispersion

A statistical term describing the extent to which values in a data set are spread out around the mean.

Contractual Arrangement

An agreement between two or more parties that is enforceable by law.