Which Measure of Central Location Can Be Used for Both

question 57

Multiple Choice

Which measure of central location can be used for both interval and nominal variables?

• A)The mean
• B)The median
• C)The mode
• D)All of these choices are true.

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Accrued Interest Receivable

Interest that has been earned but not yet received in cash, representing an asset on the balance sheet.

Notes Receivable-Perez

A note receivable account representing money owed to the entity by Perez, typically documented through a formal promissory note.

Collateralized

Secured by an asset pledged as security for repayment of a loan, protecting the lender by providing a source of recovery in case of default.

Receivables

Amounts owed to a company by customers for goods or services that have been delivered but not yet paid for.