The Scores of Eight Students Taking a Mathematics Test Are

question 9

Multiple Choice

The scores of eight students taking a mathematics test are 87,93,76,7,84,90,95,and 93.The best measure of central tendency in this case is the:

• A)median
• B)mean
• C)box-and whisker
• D)variance

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Definitions:

Saving Rate

The portion of income that is not spent on consumption but is saved or invested for future use.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold; countries agree to convert currency into a fixed amount of gold.

Fixed Exchange-Rate

A regime under which the government or central bank ties the official exchange rate to another country's currency or the price of gold.

Capital Account

A national account that shows the net change in asset ownership for a country. It includes foreign investments and loans.