What Is the Median for the Following Set of Scores

question 11

Multiple Choice

What is the median for the following set of scores?

• A)4
• B)6 Scores: 1, 2, 6, 11, 17
• C)8.5
• D)8

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Definitions:

Inventory Profits

The increase in inventory value above its cost, typically due to price increases or valuation adjustments.

Direct Disposal Costs

Expenses specifically associated with the removal or disposal of a fixed asset or waste materials from an organization.

Sales Commissions

Payments made to sales personnel based on the amount of sales they generate, often calculated as a percentage of the sale price.

Days' Sales In Inventory

Days' sales in inventory is a financial metric that indicates the average time it takes for a company's inventory to turn into sales, reflecting inventory management efficiency.