Any Data Value with a Z-Score Less Than -3 or Greater

question 42

Multiple Choice

Any data value with a z-score less than -3 or greater than +3 is treated as a(n)

• A) outlier.
• B) usual value.
• C) whisker.
• D) z-score value.

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Definitions:

Interest Factor

A multiplier used to calculate the total interest that will accrue on an investment or loan based on the interest rate and time period.

Calculated

The result of mathematically determining a number or value through a prescribed process or formula.

Higher Risk

A condition or scenario involving a greater probability of loss or less certainty of returns, typically demanding a higher risk premium.

Interest Earned

The income received from investment assets before taxes and expenses have been deducted.