One Relative Weakness of the ______ as a Measure of Central

question 41

Multiple Choice

One relative weakness of the ______ as a measure of central tendency is that it ______.

• A) mode; doesn't describe a bimodal distribution
• B) mean; does not take into account all of the scores
• C) mean; doesn't describe a bimodal distribution
• D) median; is affected by outliers

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Definitions:

Merchandise

Goods brought into a store for resale to customers.

Purchase Discounts

Reductions in price given by a supplier to a buyer for early payment within a specified period.

Purchase Discounts Lost

The additional expense a company incurs when it fails to take advantage of discounts offered by suppliers for early payment.

Voucher Register

A voucher register is a record keeping system where vouchers are indexed and stored, detailing the payment of a transaction.