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Which of the Following Is an Example of a Variable

question 19

Multiple Choice

Which of the following is an example of a variable cost that businesses have to incur?


Definitions:

Probability

An assessment of the probability that a specific event will happen.

Heights of Men

A statistical data point or measure that refers to the distribution and measurement of stature among the male population.

Standard Deviation

A criterion for determining the degree of variation or distribution range in a set of values.

Random Sample

A subset of a statistical population in which each member of the subset has an equal probability of being chosen.

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