The Median Is an Appropriate Measure of Central Tendency for _____

question 48

Multiple Choice

The median is an appropriate measure of central tendency for _____ data.

• A) interval
• B) ratio
• C) ordinal
• D) nominal
• E) all of the above

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Definitions:

Net Income

The remaining earnings of a company after deducting all expenditures and taxes from the revenues.

Dividends

Distributions of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders, typically in the form of cash, stocks, or other assets.

Accrued Interest

Interest that has been earned but not yet received in cash or recorded, representing a liability for the payer and an asset for the receiver.

Semiannual Interest

Interest calculated and disbursed semi-annually.