The ________ Is the Most Appropriate Measure of Central Tendency

question 129

Multiple Choice

The ________ is the most appropriate measure of central tendency for interval or ratio data.

• A)mean
• B)median
• C)mode
• D)range

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Definitions:

Coupon Bond

A type of bond that offers interest payments through coupons attached to the bond, redeemable by the holder at certain times.

Zero-coupon Bond

A debt security that doesn't pay interest but is traded at a deep discount, offering profits at maturity.

Bond Prices

The monetary amount at which a bond is traded, influenced by interest rates, credit ratings, and the bond's maturity.

Yield-to-maturity

The total return anticipated on a bond if the bond is held until it matures, accounting for interest payments and the difference between the purchase price and the par value.