The Mode Should Be Used to Measure Central Tendency When

question 33

Multiple Choice

The mode should be used to measure central tendency when the level of measurement of the variable is

• A)nominal.
• B)ordinal.
• C)interval-ratio.
• D)all of the above

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Definitions:

Issuing Stock

The process by which a company distributes its shares to investors, thereby raising capital in exchange for ownership interests in the company.

Corporation

A legal entity that is separate from its owners and shareholders, which can own assets, incur liabilities, and conduct business.

Government Entity

An organization operated by the government.

Authoritative Body

An organization or institution that sets standards or rules in a specific field, exerting control or influence.