Which Base for Measuring the Spread of Data Is Associated

question 7

Multiple Choice

Which base for measuring the spread of data is associated with the median?

• A) Range
• B) Standard Deviation
• C) Quartile Deviation
• D) Mean Deviation

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Definitions:

Transaction

An agreement or exchange between two parties that involves the buying, selling, or trading of goods, services, or financial instruments.

Proof

in a financial context, refers to the process of verifying the accuracy and consistency of accounting records and financial statements.

Equality

In a business context, equality refers to ensuring fair treatment and opportunities for all employees, stakeholders, and customers, regardless of their background or personal characteristics.

Debits And Credits

Debits and Credits are accounting entries used to record transactions in the company’s books, where debits increase asset or expense accounts and decrease liability, equity, or revenue accounts; credits do the opposite.