Adding Just One or Two Extreme Scores to the Low

question 23

Multiple Choice

Adding just one or two extreme scores to the low end of a distribution, has a great effect on

• A) the median but not the mode
• B) the mode, but not the median
• C) the mean, but not the median
• D) none of these

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Definitions:

Controlling Interest

Ownership interest in a business entity through holding more than 50% of its voting shares, granting the ability to control decisions and policies.

Equity Method

Accounting for investments with significant influence, where the investment's carrying amount is adjusted for the investor's share of the investee's profits or losses.

Small Acquisitions

Refers to the purchase of smaller companies, typically involving less financial risk and a simpler integration process compared to larger mergers and acquisitions.

Consolidated Net Income

The total earnings of a company and its subsidiaries after taxes and interest, adjusted for minority interests.