Which of the Following Statistics Is a Measure of Central

question 52

Multiple Choice

Which of the following statistics is a measure of central tendency?

• A)standard deviation
• B)mean
• C)variance
• D)correlation

---

Definitions:

Purchase Price

The amount of money paid to buy a good or service.

Parking Lot Lighting

Illumination for outdoor parking areas designed to improve safety, security, and the visibility of vehicles and pedestrians.

Land Improvements

Enhancements to a piece of land to increase its value or usability, such as landscaping, fencing, and adding utilities, which are subject to depreciation.

Useful Life

The estimated period over which an asset is expected to be used by an entity before it is replaced or becomes obsolete.