The Following Data Represent a Sample of 10 Scores on a 20-Point

question 119

Multiple Choice

The following data represent a sample of 10 scores on a 20-point statistics quiz: 16, 16, 16, 16, 16, 18, 18, 20, 20, and 20. After the mean, median, range and variance were calculated for the scores, it was discovered that one of the scores of 20 should have been an 18. Which of the following will change when the calculations are redone using the correct scores?

• A) mean and range
• B) median and range
• C) mean and variance
• D) range and variance
• E) mean, range, median and variance

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Definitions:

Inventory Turnover

A financial metric that measures the number of times a company sells and replaces its stock of goods during a particular period.

Financial Statements

Official records that detail the financial activities and position of a business, individual, or other entity.

Marketability

The ease with which a product or service can be sold in the market.

Solvency

A company's ability to meet its long-term financial obligations, indicating financial health and stability.