As of 2011,the Single Largest Asset Category in the Net

question 7

Multiple Choice

As of 2011,the single largest asset category in the net worth portfolios of households is:

• A)government and corporate bonds
• B)stocks and mutual fund shares
• C)consumer durable goods
• D)housing

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Definitions:

Central Tendency

A statistical measure that identifies a single value as representative of the middle of a dataset, including the mean, median, and mode.

Variation

The occurrence of differences or changes in characteristics within a population, process, or system, often leading to diversity or discrepancies in results.

Regression Toward

A psychological defense mechanism involving a return to an earlier stage of development when faced with stress.

Mean

The arithmetic average of a set of numbers, obtained by adding them together and dividing by the count of those numbers.