What Is the Median for the Following Set of Scores

question 16

Multiple Choice

What is the median for the following set of scores? 2, 6, 2, 11, 14

• A) 2
• B) 4 :
• C) 6
• D) 8.5

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Definitions:

IFRS

The International Financial Reporting Standards are a set of accounting principles used internationally to ensure financial statements are comparable across international boundaries.

US GAAP

United States Generally Accepted Accounting Principles, which govern the preparation and reporting of financial statements in the U.S.

Prior Service Cost

Costs recognized when a pension plan is amended to increase benefits for employee service in prior periods, typically amortized over time.

Unrecognized Net Gain

A profit that has been realized but not yet recorded in the financial statements of a company.