The Point in a Distribution That Divides Data into Two

question 65

Multiple Choice

The point in a distribution that divides data into two groups having equal frequencies is called the ___.

• A) median
• B) mean
• C) mode
• D) midrange

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired or intended result, often measured against specific goals or standards.

Relevant Cost

A relevant cost is a cost that will be affected by a decision in the future and is important in business decision-making processes.

Depreciation Charge

An accounting expense recorded to allocate the cost of a tangible asset over its useful life.