Multiplying Every Score in a Sample by 3 Will Not

question 43

True/False

Multiplying every score in a sample by 3 will not change the value of the standard deviation.​

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Definitions:

Interim Accounting Period

A financial reporting period that is shorter than a full fiscal year, often quarterly or monthly.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period.

Owner's Drawings Account

An account used to record withdrawals of assets from a business by the owner for personal use.

Income Summary Account

A temporary account used in accounting to transfer revenues and expenses at the end of an accounting period; its balance is ultimately transferred to retained earnings.