Which Is Not a Measure of Variability

question 111

Multiple Choice

Which is not a measure of variability?

• A)Mean absolute deviation (MAD)
• B)Range
• C)Coefficient of variation
• D)Trimmed mean

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Definitions:

Principal

The original sum of money borrowed in a loan or the initial amount of investment, excluding any interest or profits.

Interest

A payment made for the use of borrowed money, usually calculated as a percentage of the principal amount.

Note Receivable

A written promise for amounts to be received by a debtor, where the debtor agrees to pay back the amount, often with interest, by a specified date.

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales, calculated as sales divided by average accounts receivable.