[Solved] The ________ is a good measure of location when the variable is inherently categorical or has otherwise been grouped into categories. A) mean B) median C) maxima D) mode E) categorical listing Naked Call Option: An options strategy where the investor sells call options without owning the underlying asset, exposing them to unlimited potential losses. Potential Loss: The amount of money that could be lost in an investment or financial transaction under adverse conditions. Call Premium: The amount by which the price of a call option exceeds its intrinsic value, reflecting the cost to purchase the option above its immediate exercise value. Call Contract: An agreement that gives the option buyer the right, but not the obligation, to buy a specified quantity of an asset at a predetermined price within a certain time frame.