Mode Is to _____ and Median Is to _____

question 18

Multiple Choice

Mode is to _____ and median is to _____.

• A)interval and ratio data only; nominal data only
• B)nominal data only; ordinal data only
• C)all types of data; ordinal,interval,and ratio data only
• D)none of the options is correct

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Definitions:

Return Of Capital

A payment to investors that returns some of their original investment, thus reducing the investor's cost basis in the investment.

Capital Gain

The profit earned from the sale of an asset that has increased in value over its purchase price, often applied to stocks, bonds, and property.

Stockholder Basis

The amount invested in a company's stock, used for tax purposes to determine gain or loss on the sale or disposition of the stock.

Taxable Income

The sum of earnings that determines the tax liability of a person or business to the government, once all deductions and exemptions have been applied.