Which of the Following Is/are an Assumption(s) for Calculating a Median

question 8

Multiple Choice

Which of the following is/are an assumption(s) for calculating a median?
I.Requires interval or ratio data.
II.Requires ordinal, interval, or ratio data.
III.Requires a perfectly normal distribution of the data.
IV.Requires an approximately normal distribution of the data.
V.Requires highly skewed data.

• A)I
• B)II
• C)III
• D)IV
• E)V

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Definitions:

Enforced

Applied or implemented by force, authority, or legal requirement, ensuring compliance or adherence to laws, rules, or agreements.

Contract

A legally binding commitment between parties to perform or refrain from performing specified acts.

Promissory Estoppel

A legal principle that prohibits a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.

Statute of Frauds

A legal concept that requires certain types of contracts to be in writing and signed by the party to be charged, in order to be legally enforceable.