The Mean, as a Measure of Central Tendency, Would Be

question 45

Multiple Choice

The mean, as a measure of central tendency, would be inappropriate for which one of the following?

• A) Ages of adults at a senior citizen center
• B) Incomes of lawyers
• C) Number of pages in textbooks on statistics
• D) Marital status of college students at a particular university
• E) None of the choices are correct.

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Definitions:

Purchase of Asset

The act of acquiring a tangible or intangible resource that is expected to provide benefits to a business over multiple periods.

Total Liabilities

The sum of all financial obligations or debts owed by a company to external entities or individuals.

Asset on Credit

An asset acquired by a company through borrowing or on terms that allow for deferred payment.

Accounts Receivable

Money owed to a business by its customers for goods or services sold on credit, typically collected within a short time period.