This topic contains a solution. Click here to go to the answer

Author Question: All of the following are gaps that represent problems EXCEPT _____. a. actual business performance ... (Read 93 times)

Hungry!

  • Hero Member
  • *****
  • Posts: 1,071
All of the following are gaps that represent problems EXCEPT _____.
 a. actual business performance is less than possible business performance
  b. actual business performance is greater than expected business performance
  c. actual business performance is worse than expected business performance
  d. expected business performance is greater than possible business performance

Question 2

Describe the measures of dispersion and explain why standard deviation is used most often.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

B

Answer to Question 2

There are several measures of dispersion:
(1) Range - the simplest measure and is the distance between the smallest and the largest value of a frequency distribution.
(2) Deviation scores - measures how far any observation is from the mean. Average deviation is derived by calculating the deviation score of each observation value, summing these scores, and then dividing by the sample size. However, positive deviation scores are canceled out by negative scores, leaving an average deviation value of zero no matter how wide the spread.
(3) Variance - a means of eliminating the sign problem caused by the negative deviations canceling out the positive deviations is to square the deviation scores. It's a good index of dispersion and will grow larger as the observations tend to differ increasingly from one another and from the mean. However, it reflects a unit of measurement that has been squared.
(3) Standard deviation - the most valuable index of spread, or dispersion. It is the square root of the variance for a distribution, which eliminates the drawback of having the measure of dispersion in squared units rather than in the original measurement units.




Hungry!

  • Member
  • Posts: 1,071
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

For a complete list of videos, visit our video library