When Are the Mean,median,and Mode Likely to Be at the Same

question 28

Multiple Choice

When are the mean,median,and mode likely to be at the same point in a distribution of scores?

• A)when the sampling error is high
• B)when the distribution is positively skewed
• C)when the distribution is negatively skewed
• D)when the distribution is a normal curve

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Definitions:

Assets

Resources with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

Checkable Deposits

Bank account balances that can be accessed using checks, debit cards, or electronic transfers and are very liquid.

Required Reserve Ratio

The fraction of deposits that banks are mandated by regulation to hold in reserve and not lend out.

Excess Reserves

The banks' reserves over and above the required minimum that they choose to hold rather than loan out.