Here Is a Set of Data: 31, 54, 26, 42

question 62

Multiple Choice

Here is a set of data: 31, 54, 26, 42, 39, 45, 38, 42, 47.What is the median?

• A) 28.0
• B) 40.5
• C) 42.0
• D) 54.00

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Definitions:

Estimated Returns

The anticipated amount of profits or losses from an investment, often based on historical data and future projections.

Management Estimates

Judgments and assumptions made by a company's management for reporting financial figures, when a precise value cannot be determined.

Estimated Inventory Returns

An approximation of the amount of inventory that is expected to be returned by customers over a specified period.

Normal Account Balances

The typical or expected balance of an account based on its classification in accounting, such as debit for assets and credit for liabilities.