The Range of a Sample ______

question 74

Multiple Choice

The range of a sample ______.

• A)is the difference between the maximum and minimum values in the sample
• B)is the same as the mean of the sample
• C)can be represented by the reciprocal of the standard deviation
• D)can be represented by the reciprocal of the variance

---

Definitions:

Profit and Loss Ratio

Profit and Loss Ratio measures the relationship between profits gained and losses incurred in a business or trading activity.

Safe Payments

Safe payments are transactions that are conducted using secure methods to protect against fraud and unauthorized access to financial information.

Noncash Assets

Assets owned by a business or individual that are not in the form of cash or cash equivalents, such as buildings, machinery, or intellectual property.

Net Income and Losses

The total amount of money a company has earned (net income) or lost (net losses) during a specific period.