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Figure 19.1 -Figure 19.1 Displays Changes in the Size of Private Inventories.Based

question 47

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Figure 19.1 Figure 19.1   -Figure 19.1 displays changes in the size of private inventories.Based on the figure,in which month is the size of private inventories likely to have been lowest? A) September 2010 B) September 2011 C) September 2009 D) March 2010
-Figure 19.1 displays changes in the size of private inventories.Based on the figure,in which month is the size of private inventories likely to have been lowest?


Definitions:

Variance

A measure of how much values in a data set differ from the mean, calculated as the average of the squared differences from the mean.

Standard Deviation

An indicator of the extent of variability or spread within a data set, showing how far from the average the values range.

Deviations

Differences from a central value, such as the mean or median, indicative of variability within a data set.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers and dividing by the count of numbers.

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