The Median and the 50^th Percentile Are Always Equal

question 317

True/False

The median and the 50^th percentile are always equal.

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Definitions:

Installments

Regular payments made over a period of time to pay off a debt.

Stock Subscription Plan

A financing agreement allowing investors to subscribe to a new issue of stocks, often with payment and delivery at a later date.

Par Value

Par value is the nominal or face value of a bond, share of stock, or other financial instruments, as stated by the issuing company.

Installments

Payments made regularly over a set period of time to settle a debt or purchase, allowing the total cost to be spread out for ease of payment.