For Any Data Set,which Measures of Central Location Have Only

question 48

Multiple Choice

For any data set,which measures of central location have only one value?

• A)Mode and median
• B)Mode and mean
• C)Mode and standard deviation
• D)Mean and median

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Definitions:

Lifetime High

The highest price level that a stock or asset has achieved over its entire trading history up to the present moment.

Futures Contracts

Standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.

Silver

A precious metal with high conductivity and reflectivity, used in currency, jewelry, and numerous industrial applications.

Troy Oz.

A unit of measure for weight that is traditionally used for precious metals. One troy ounce is approximately 31.1035 grams.