Which of the Following Statements About the Mean Absolute Deviation

question 18

Multiple Choice

Which of the following statements about the mean absolute deviation (MAD) is most accurate? MAD:

• A)is the square root of the standard deviation.
• B)can be a positive number or a negative number.
• C)is denominated in the same units as the original data.
• D)is the arithmetic mean of the squared deviations from the mean.

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Definitions:

Freight Costs

Expenses incurred by a company to transport goods from one place to another, such as shipping charges for receiving or sending out inventory.

Trade Discount

A reduction in the list price granted by a supplier to a buyer, often based on the volume of goods purchased or to maintain a competitive advantage.

Free On Board

A shipping term indicating whether the seller or the buyer is responsible for goods that are damaged or destroyed during shipping.

Sales Tax

A government-imposed charge on the sale of goods and services.