Examlex

Solved

Which Is an Advantage of a Sole Proprietorship

question 18

Multiple Choice

Which is an advantage of a sole proprietorship?


Definitions:

Range

The difference between the highest and lowest values in a data set, indicating the spread or dispersion of the set.

Chebyshev's Theorem

A statistical theorem that gives an inequality for assessing the probability that a random variable differs from its mean.

Empirical Rules

A statistical rule stating that for a normal distribution, nearly all data will fall within three standard deviations of the mean.

Interquartile Range

A measure of variability, calculated as the difference between the third (75th percentile) and first quartile (25th percentile), that indicates the middle 50% of the data.

Related Questions