In Perfectly Symmetrical Distributions, Which of the Following Is not

question 61

Multiple Choice

In perfectly symmetrical distributions, which of the following is not a correct statement?

• A) The distance from the smallest observation to Q2 is the same as the distance from Q2 to the largest observation.
• B) The distance from the smallest observation to Q1 is the same as the distance from Q3 to the largest observation.
• C) The distance from Q1 to Q3 is half of the distance from the smallest to the largest observation.
• D) The distance from Q1 to Q2 equals to the distance from Q2 to Q3.

---

Definitions:

Cash Safety Stock

The minimum amount of cash that a company needs to keep on hand to protect against unforeseen variability in cash flow.

Safety Stock

Extra inventory held by a company to prevent stockouts caused by unforeseen variations in supply and demand.

Collection Time

The time duration that a business takes to recover the payments owed to it by its clients, often measured from the date of sale or service delivery.

Collection Float

The time interval between when a check is deposited in a bank and when the funds are made available.