Data Was Collected on the Number of Television Sets in a Household

question 125

Multiple Choice

Data was collected on the number of television sets in a household, and it was found that the mean was 3.5 and the standard deviation was 0.75. Based on these sample data, what is the standardized value corresponding to 5 televisions?

• A) -2.00
• B) 1.5
• C) 2.00
• D) 1.125

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Definitions:

Span of Control

The number of subordinates a manager or supervisor can directly control. This number varies with the complexity of tasks.

Delegation

The assignment of authority and responsibility to another person to carry out specific activities while retaining the ultimate accountability for the outcome.

Low-Cost Strategy

A business approach aimed at gaining a competitive advantage by minimizing costs while maintaining acceptable quality and pricing for products or services.

Rival

A rival is a competitor or opponent who is in contention with another for the same objective or for superiority in the same field.