Which of the Following Summaries Are Changed by Adding a Constant

question 624

Multiple Choice

Which of the following summaries are changed by adding a constant to each data value?
I. the mean
II. the median
III. the standard deviation

• A) I only
• B) I, II, and III
• C) I and II
• D) I and III
• E) III only

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Definitions:

Current Liabilities

Short-term financial obligations that are due within one year or within a normal operating cycle.

Debt-to-equity Ratio

A financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets, key in assessing financial leverage.

Assets

Resources owned by a business or individual that are expected to provide future economic benefits.

Equity

The value of an ownership interest in property or a business, after deducting liabilities from assets.