Assume That Deciding to Do Internally Something That Was Once

question 29

Multiple Choice

Assume that deciding to do internally something that was once purchased from a company upstream offers a 10 percent return.What is the cost of this decision?

• A)10 percent.
• B)less than 10 percent.
• C)What was given up to do it internally.
• D)Not enough information is provided.

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Definitions:

Modal Score

The most frequently occurring value in a set of data, which represents the mode.

Median Score

The median score represents the middle value in a sorted list of numbers, essentially splitting the dataset into two halves.

Mean Score

The average score obtained by computing the sum of all individual scores and dividing by the number of scores.

Measure Of Central Tendency

A descriptive statistic that is the most typical, common, or frequently occurring value for a variable.