Measures of Central Tendency Provide A

question 60

Multiple Choice

Measures of central tendency provide a:

• A) single value that tells you how variable scores are
• B) frequency distribution of values
• C) single value that tells you about the range of scores
• D) single value that is considered most typical of the values of a variable

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Definitions:

Deducted

Removed or taken away from a total amount or sum, often referring to expenses subtracted from income before taxation.

Net Income

The net profit for the company, arrived at after taking away all forms of expenses and taxes from the generated total revenue.

Net Cash Flow

This measures the amount of cash generated or used by a business in a given period, taking into account cash inflows and outflows.

Accrued Liabilities

Liabilities that have been incurred but not yet paid or recorded in the financial statements.