As a Measure of Variability, Compared to the Range, an Advantage

question 148

Multiple Choice

As a measure of variability, compared to the range, an advantage of the standard deviation is:

• A)being calculated easily through the use of a formula.
• B)considering only the data values in the middle of the data array.
• C)describing the distance between the highest and lowest values.
• D)considering all data values.

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Definitions:

Corporations

Businesses that are legally recognized as separate entities from their owners, having their rights and liabilities.

Single Taxation

A tax system where income is taxed only once, typically referring to how corporate profits are taxed at either the corporate or shareholder level but not both.