The Sum of Squared Deviations from the _____ Will Always

question 83

Multiple Choice

The sum of squared deviations from the _____ will always be _____ the sum of squared deviations around any other value.

• A)median;less than
• B)mode;equal to
• C)mean;greater than
• D)mean;less than

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Definitions:

Parent Company

A corporation that owns enough voting stock in another company to control management and operations by influencing or electing its board of directors.

Backward Integration

A business strategy where a company expands its role to fulfill tasks formerly completed by businesses up the supply chain.

Forward Integration

A business strategy where a company extends its operations by moving towards the direct control of its distribution or supply chain further down the production process.

Retailer

A business or person that sells goods to the consumer, as opposed to a wholesaler or supplier.