If You Were Told That the Median of a Distribution

question 38

Multiple Choice

If you were told that the median of a distribution was greater than the mean, what would that tell you about the shape of the distribution?

• A) It was negatively skewed.
• B) It was positively skewed.
• C) It was normal.
• D) It would tell you nothing about the shape of the distribution.

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Definitions:

Cash Dividends

Cash disbursement from a company's income to its shareholders.

Public Company

A company that has issued securities through an initial public offering and is traded on at least one stock exchange.

Organizational Expenses

Costs incurred in the creation of a corporation or business entity, including legal fees, state incorporation fees, and promotional expenses.

Legal Fees

Costs incurred for legal services provided by attorneys or law firms to individuals or organizations.