Which of the Following Is the Most Frequently Used Measure

question 26

Multiple Choice

Which of the following is the most frequently used measure of variation?

• A) The range
• B) The standard deviation
• C) The variance
• D) The mode

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Definitions:

Total Fertility Rate

An estimate of the average number of children a woman will have over her lifetime, based on current birth rates.

Replacement Rate

In demography, it refers to the fertility rate at which a population exactly replaces itself from one generation to the next, without migration. In economics, it can refer to the ratio of benefits (like pensions) replacing employment income.

Population Change

The variation in the number of individuals in a population over time, influenced by factors such as birth rates, death rates, immigration, and emigration.

Oil Reserve

Stocks of crude oil or refined petroleum products held underground or in storage facilities controlled by countries or corporations for future use.