Is the Data Point, P

question 10

Multiple Choice

Is the data point, P
-

• A)Neither
• B)Outlier
• C)Both
• D)Influential point

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Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government.

Consolidated Income

The total net income of a parent company and its subsidiaries, after accounting for the ownership interest of noncontrolling shareholders.