A Researcher Records the Following Data for the Number of Different

question 23

Multiple Choice

A researcher records the following data for the number of different food items chosen by seven participants in a buffet-style setting: 1,6,2,5,4,3,and 7.Is the mean equal to the median in this example?

• A) Yes.
• B) No; the median is larger than the mean.
• C) No; the mean is larger than the median.
• D) There is not enough information to answer this question.

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Definitions:

Money Market Securities

Short-term financial instruments with high liquidity and minimal risk, such as Treasury bills and certificates of deposit.

Total Assets

The sum of all current and non-current assets owned by a company, reflecting its overall value.

Open-End Funds

Mutual funds that continuously issue new shares or redeem existing shares and do not have a fixed number of shares available for the public.

NAV

Net asset value, calculated as the total value of a fund's assets minus its liabilities, usually applied to mutual funds.