What Sort of Statistic Does the Following Most Clearly Exemplify

question 67

Multiple Choice

What sort of statistic does the following most clearly exemplify? Seventy-eight percent of the books in this library were written before 1938.

• A)total
• B)median
• C)relative frequency
• D)distribution
• E)average

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Definitions:

Manual Recording

The process of documenting information by hand, as opposed to using electronic means.

Debit Sheet

A record listing all debit transactions, often used in accounting to monitor expenditures.

Double-Entry Bookkeeping System

A method of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account, ensuring the accounting equation balances.

Single-Entry System

An accounting method where each financial transaction is recorded with a single entry to the accounting records, less complex than double-entry accounting.