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The following is a sample of tow ratings (in pounds) for some popular 2000 model sport utility vehicles.
6,400, 12,800, 19,200, 25,600, 32,000, 38,400
Compute the median.
Short-Term Investment
An investment expected to be converted into cash, sold, or exchanged within a short time frame, typically within a year.
Stock Investments
Financial assets consisting of shares in companies, representing ownership and possibly entitling the shareholder to dividends.
Debt Investments
Financial assets involving the loan of money by an investor to a borrower, typically with the expectation of receiving interest income in addition to principle repayment.
Equity Method
An accounting technique used to record investments in other companies, where the investment is accounted for based on the investor’s share of the investee's equity.
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