Which Variable Would It Be Appropriate to Calculate a Numerical

question 7

Multiple Choice

Which variable would it be appropriate to calculate a numerical measure of central tendency (e.g., mean, median) ?

• A)Age
• B)Race
• C)Gender
• D)Political affiliation
• E)Last name

---

Definitions:

Principal Repaid

The amount of loan or debt's original borrowing that has been or is being paid back, excluding interest payments.

Long-Term Notes

Debt securities or loans with maturities extending beyond one year, typically used for long-term financing needs.

Gift Card Expense

The cost recognized by a company when a gift card is redeemed, reflecting the reduction in liability and recognition of revenue or expense.

Redeemed

The process of paying off or buying back something, often referring to repaying the principal amount of bonds or preferred stocks.