Which Measures of Central Tendency Allow for Rank Ordering with Equal

question 24

Multiple Choice

Which measures of central tendency allow for rank ordering with equal intervals? (Select all that apply.)

• A) Mode
• B) Range
• C) Median
• D) Mean
• E) Semiquartile range
• F) Percentile
• G) SD

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Definitions:

Stockout

A situation where demand cannot be fulfilled due to the unavailability of the product, often leading to lost sales.

Business Cycles

Fluctuations in economic activity over time, characterized by periods of expansion (growth) and contraction (recession) in the economy.