You Have Made a List of the Advantages and Disadvantages

question 35

Multiple Choice

You have made a list of the advantages and disadvantages of a measure of central tendency: The measure of central tendency you are describing is the

• A) mean.
• B) median.
• C) range.
• D) mode.

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Definitions:

Credit

A financial term describing the ability of a borrower to receive goods or services before payment, based on the trust that payment will be made in the future.

Drafts

Preliminary versions of documents or plans that are subject to revision or editing.

Checks

Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or a designated person.

Commercial Transactions

Business activities that involve the exchange of goods, services, or funds between enterprises or individuals.