The -------- Is the Best Measure of Central Tendency for Categorical

question 72

Multiple Choice

The -------- is the best measure of central tendency for categorical data.

• A)weighted mean
• B)mode
• C)median
• D)mean

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Definitions:

Date Of Payment

The date the dividend is paid.

Purchases Credit

A transaction type where goods or services are bought on account, with payment to be made at a future date, usually within an agreed period.

Voucher System

A method of accounting in which each transaction is documented with a voucher, ensuring that every payment is authorized and accounted for properly.

Correct Order

The proper or desired sequencing of elements, items, or processes according to rules or guidelines.