Examlex
If you had $50,000 and you wanted to invest in either a restaurant or in Loblaws stock,which of the following ratios would best help you to decide what to do?
Median
The middle value in a sorted list of numbers, dividing the data into two halves.
Mode
The value that appears most frequently in a dataset.
Sample Mean
The average value of a sample set of numbers, calculated by adding all the observations and dividing by the number of observations.
Observations
Data points or values recorded during an experiment or study.
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