If a Data Set Has an Even Number of Observations

question 89

Multiple Choice

If a data set has an even number of observations, the median _____.

• A) cannot be determined
• B) is the observation recorded most often
• C) must be equal to the mean
• D) is the average value of the two middle items when all items are arranged in ascending order

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Definitions:

Business Relationship

A connection between two or more businesses that involves some level of mutual benefit, cooperation, or dependency.

BRIC Countries

An acronym for Brazil, Russia, India, and China, representing rapidly developing countries known for their significant economic growth potential.

Market Growth

The increase in the demand for a particular product or service over time, often measured as a percentage increase in market size.

World's Population

The World's Population refers to the total number of people living on Earth at a given time.