The Text Presents Information on the Central Tendency and Dispersion

question 28

Multiple Choice

The text presents information on the central tendency and dispersion of income in the U.S.Dispersion is measured by

• A)the standard deviation.
• B)the difference between the 20^th and 80^th percentiles.
• C)the range.
• D)the Interquartile range.

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Definitions:

Elements of Fraud

Factors that must be present to prove fraud, including misrepresentation of a material fact and intent to deceive.

Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.

Justifiable Reliance

A legal principle in contract law where a party can claim damages if they reasonably relied on the promises or representations of another party.

Slander And Libel

Forms of defamation, where slander refers to spoken defamatory statements and libel to written ones.