Which One of the Following Lists Shows Measures of Central

question 57

Multiple Choice

Which one of the following lists shows measures of central tendency only?

• A) range, maximum, and minimum
• B) mean, median, and mode
• C) mean, median, and maximum
• D) mean, minimum, and maximum

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Definitions:

Life Insurance

Life insurance is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

Rent Payments

Periodic payments made by a lessee to a lessor for the use of some property, facility, equipment, or service.

Cable Bill

A periodic charge for cable television services provided by a cable service provider, typically on a monthly basis.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, enjoying full control but also bearing unlimited liability.