The Numerical Average of a Set of Scores Is the ____

question 68

Multiple Choice

The numerical average of a set of scores is the ____.

• A)mean
• B)median
• C)mode
• D)norm

---

Definitions:

Depreciate

A decrease in the value of an asset over time, often due to wear and tear or obsolescence.

Nominal Exchange Rate

The rate at which one country's currency can be exchanged for another country's currency without adjustment for inflation rates.

Real Exchange Rate

The rate at which two currencies can be exchanged, adjusted for inflation, indicating how much of a country's goods and services can be exchanged for those of another country.

Prices Rise

An increase in the cost of goods and services in an economy over a period of time.