An Example of Innovative Change Is a Department Store Deciding

question 22

True/False

An example of innovative change is a department store deciding to adopt a new practice used by competitors by staying open 24 hours a day,requiring employees to work flexible schedules,which may be felt as moderately threatening.

---

Definitions:

Spread

A statistical term describing the range or distribution of data points in a data set.

Dispersion

A statistical term referring to the spread of data points around a central measure, such as mean or median.

Unbiased Estimate

A conservative estimate of a population parameter.

Standard Deviation

A measure of the dispersion or variability of a set of data points, indicating how spread out the data are from their mean.