The Mode Should Be Used to Measure Central Tendency When

question 33

Multiple Choice

The mode should be used to measure central tendency when the level of measurement of the variable is

• A)nominal.
• B)ordinal.
• C)interval-ratio.
• D)all of the above

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Definitions:

Book Value

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus accumulated depreciation.

Poison Pill

A corporate tactic to avoid being acquired. A poison pill is a clause written into a firm’s bylaws that makes it prohibitively expensive for an acquiring firm to take control.

Takeover Attempt

A bid by a company or investor to acquire control of another company, often by purchasing a substantial portion of its stock.

White Knight

A friendly investor or company that acquires a firm at risk of a hostile takeover, often viewed as a more favorable option by the target company's management.