For Variables Measured at the Nominal Level,an Appropriate Measure of Dispersion

question 46

Multiple Choice

For variables measured at the nominal level,an appropriate measure of dispersion is

• A)the range
• B)the average deviation
• C)the index of qualitative variation
• D)the mode

---

Definitions:

Countrywide Financial Corporation

A former American financial services company involved in the subprime mortgage crisis, which played a significant role in the global financial crisis of 2007-2008.

Corporate Capitalism

An economic system characterized by the dominance of hierarchical, profit-seeking corporations.

Worker Ownership

A business model where the company is owned wholly or in part by its employees, often designed to give workers a stake in the company's success and a voice in its operation.

Business Responsibilities

The obligations and duties of businesses to act ethically, with accountability towards society, the environment, and their stakeholders.