Any Data Value with a Z-Score Less Than -3 or Greater

question 35

Multiple Choice

Any data value with a z-score less than -3 or greater than +3 is considered to be a(n)

• A)outlier.
• B)statistic.
• C)whisker.
• D)z-score value.

---

Definitions:

Appraised Value

An estimation of the fair market value of a property, often conducted by a professional appraiser.

Balance Sheet

A financial statement that shows a company's financial position at a specific point in time, including assets, liabilities, and shareholders' equity.

Big Oil Company

A term often used to describe the world's largest publicly traded oil and gas companies, known for their significant influence on global energy markets.

Relevance

A characteristic of financial information that is capable of making a difference in the decisions made by users by being timely and pertinent to their needs.