Which of the Following Terms Refers to a Personal Assessment

question 6

Multiple Choice

Which of the following terms refers to a personal assessment of the net worth a consumer obtains from an activity?

• A) Quality
• B) Experience
• C) Prestige
• D) Value
• E) Effort

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Definitions:

Z-score

A numerical metric indicating how a specific value compares to the average of a dataset, expressed by the number of standard deviations away from that average.

Standard Deviation

An indicator of the spread or variability within a data set; where a small standard deviation indicates values closely clustered around the average, and a large standard deviation suggests they are widely scattered.

Z-score

A statistical measure that describes a value's position relative to the mean of a group of values, expressed in units of standard deviation.

Z

In statistics, often represents the standard score, which is the number of standard deviations a data point is from the mean.