The ____ Is the Arithmetic Average of a Set of Numbers

question 71

Multiple Choice

The ____ is the arithmetic average of a set of numbers.

• A) mean
• B) median
• C) mode
• D) standard deviation

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Definitions:

Misrepresentation

A false statement of fact made by one party to another, which has the effect of inducing that party into a contract.

Rejection

The refusal to accept an offer or proposal, in the context of contracts, it is the refusal to agree to the terms.

Valid

A term applied to a contract that includes all four elements of a contract: agreement (offer and acceptance), consideration, contractual capacity, and legal object.

Time Condition

A stipulation in a contract or agreement that specifies a period or deadline by which certain actions must be performed.