A Measure of Dispersion Describes​

question 31

Multiple Choice

A measure of dispersion describes​

• A) ​where the data are clustered.
• B) ​which data are the most important.
• C) ​how spread out the data are.
• D) ​the central tendency.

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Definitions:

Average Variable Cost

The total variable costs of production divided by the number of units produced, representing the variable cost per unit.

Instructional Modules

Structured units of teaching material or academic content designed for educational purposes.

Variable Cost

Costs that change in proportion to the level of production or business activity.

Average Total Cost

The total cost divided by the number of goods produced, representing the cost per unit of output.