The Largest Single-Day Percentage Decline in the Dow Jones Stock

question 32

Multiple Choice

The largest single-day percentage decline in the Dow Jones stock index occurred in and is called .

• A)1921; Bloody Monday
• B)1921; Black Monday
• C)1987; Black Monday
• D)2001; Bloody Tuesday

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Definitions:

Variability

Variability refers to the degree of dispersion or spread of data points within a dataset, indicating how much the data points differ from each other and from the mean.

Range

The difference between the highest and lowest values in a set of data, indicating the spread of the data.

Highest Score

The maximum score obtained in a set of observations, test results, or other forms of measurement.

Central Tendency

A statistical measure that identifies the middle or central value of a data set, represented by mean, median, or mode.