The Median Is Always

question 19

Multiple Choice

The median is always?

• A)The middle score when results are ranked in order of magnitude
• B)The most frequently occurring value in a data set
• C)The same as the mean
• D)Never the same as the mode

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Definitions:

Convertible

A financial security (for example, a bond or a preferred stock) that can be converted into a different form, often common stock.

Bonds

Debt securities issued by entities such as corporations or governments to raise capital, promising to pay back the principal along with interest on specified dates.

European-Style Option

A contract that gives the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price on the expiration date only.

Expiration Date

The date on which an option, right, or derivative instrument becomes void and the rights under it no longer apply.