A Group of Statements That Executes as a Single Unit

question 5

Multiple Choice

A group of statements that executes as a single unit is a(n) ____.

• A) module
• B) unit
• C) bunch
• D) block

Recognize the impact of sample size on statistical measures and estimates.

Understand the concept of absolute value in the context of deviations.

Learn the calculation and significance of range (inclusive and exclusive) in data set.

Calculate mean deviation from a given set of scores.

---

Definitions:

Gross Investment

The total amount of money invested in capital assets before accounting for depreciation, representing all new investment in the economy.

Depreciation

The diminishing value of an asset over periods, often as a result of deterioration or becoming obsolete.

Inventory Investment

The purchase of goods and materials that are not currently needed for production but are held for future use, contributing to a company’s assets.

Inventory

The complete list of items such as property, goods in stock, or the contents of a building.