Written Codes of Ethics

question 57

Multiple Choice

Written codes of ethics:

• A)Are an important part of developing an ethical climate.
• B)Are commonly encountered in most firms.
• C)Can be made into law by filing them with the county clerk.
• D)All of these.
• E)None of these.

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Definitions:

Standard Deviation

A statistic that measures the dispersion or variability of a dataset relative to its mean, used to quantify the amount of variation.

Mean

The average of a set of numbers, calculated by dividing the sum of these numbers by their quantity.

Normally Distributed Random Variable

A variable that follows a normal distribution, characterized by its bell-shaped curve, where its mean, median, and mode coincide.

Standard Deviation

A measure that quantifies the amount of variation or dispersion of a set of data values from the mean.