Which of the Following Statements Is True of a Median

question 35

Multiple Choice

Which of the following statements is true of a median score?

• A)It divides a distribution in half.
• B)It may not have been a score actually achieved.
• C)Both a and b.
• D)Neither a nor b.

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Definitions:

Par Preferred Stock

A class of preferred shares issued at a designated face value, often affecting aspects of dividend payments and company equity structure.

Cash

Liquid funds available for use in the form of currency or bank balances.

Treasury Stock

Company-released shares that have been bought back, consequently lowering the overall available shares for trading.

Par Common Stock

The face value of a share of common stock as specified in the corporate charter, with no bearing on the market value.