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The Median Describes the Arithmetic Average of the Scores in a Distribution

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The median describes the arithmetic average of the scores in a distribution.


Definitions:

Effective Tax Rate

The average rate at which an individual or corporation is taxed, calculated by dividing the total tax paid by the taxable income.

Bond Premium

The amount by which the market price of a bond exceeds its face value.

Goodwill Impairment

A decrease in the value of goodwill, which occurs when the carrying amount of a company's goodwill exceeds its fair value.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after intercompany transactions have been eliminated.

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