On a Survey Questionnaire, Students Were Asked to Indicate Their

question 18

Multiple Choice

On a survey questionnaire, students were asked to indicate their class in college. If there were only four choices from which to choose, which measure(s) of central location would be appropriate to use for the data generated by that questionnaire item?

• A) Mean and median
• B) Mean and mode
• C) Mode and median
• D) Mode only

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Definitions:

Shareholders

Individuals or entities that own one or more shares of stock in a corporation, giving them rights to dividends and a say in company matters through voting.

Creditors

Individuals or institutions to whom money is owed by the debtor for provided goods, services, or loans.

Privately Held Corporation

A privately held corporation is a business entity owned by private investors, shareholders, or company members, and not publicly traded on stock exchanges.

Toronto Stock Exchange

Canada's largest stock exchange, located in Toronto, Ontario, where stocks, bonds, and other securities are bought and sold.