Regarding the Size of Manufacturing Concerns, Large Firms (With More

question 245

Multiple Choice

Regarding the size of manufacturing concerns, large firms (with more than 250 employees)

• A) outnumber small firms more than two to one.
• B) account for nearly half of all the manufacturing establishments.
• C) are few in number but their employees account for about 44 percent of production workers.
• D) provide no more "value added" than the many small firms.
• E) None of these alternatives is true.

---

Definitions:

Measures of Variability

Quantitative indicators that describe the spread or dispersion within a dataset, including range, variance, and standard deviation.

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data.

Visual Representation

The use of images, diagrams, graphs, or other visual formats to present data or information for easier understanding.

Proportion

A statistical measure that refers to the fraction of the total number of outcomes in a particular category.