The Measure of Central Tendency That Reflects the Most Frequent

question 52

Multiple Choice

The measure of central tendency that reflects the most frequent score is the _____.

• A)mean
• B)median
• C)mode
• D)meridian

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Definitions:

Futures Contract

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

Exchange Rate

The value of one currency for the purpose of conversion to another currency.

Francs

Francs refer to the currency that was used in several countries, including France, Switzerland, and Belgium, before the introduction of the euro in some of these countries.

Laspeyres Price Index

A measure of price changes that uses the quantities of goods and services purchased in a base period to calculate the index.