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(I If Two Sets of Data Are in Different Units

question 87

Multiple Choice

(i. If two sets of data are in different units, we can compare the dispersion by using coefficient of
Variation.
(ii. A sample of the homes currently offered for sale revealed that the mean asking price is $75,900,
The median $70,100 and the modal price is $67,200. The standard deviation of the distribution is
$5,900. The Pearson's coefficient of skewness is 2.95
(iii) The coefficient of variation is a measure of central tendency.

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Definitions:

Personal Audience

The imaginary audience that individuals, especially adolescents, believe is constantly watching and evaluating their actions.

Self-Focused View

A self-focused view is a perspective where an individual prioritizes their own thoughts, feelings, and needs, often at the expense of considering others' perspectives or societal norms.

Private Accountant

An accountant who is employed by a single organization to perform financial duties such as audits, budgeting, and financial statement preparation internally.

Public Accountant

A certified professional who provides accounting services to the public, including auditing, tax advice, and financial consulting.

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