The Mean, Median, and Mode Are All Measures of

question 47

Multiple Choice

The mean, median, and mode are all measures of

• A) dispersion
• B) variability
• C) central tendency
• D) all of these

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Definitions:

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.

Economic Profit

The distinction between total sales and the aggregate of both explicit and implicit expenses for a firm.

Equities

Equities represent ownership interest in corporations in the form of common or preferred stock, and they entitle the holder to a share of the company's profits through dividends.