For a Data Set with an Odd Number of Observations

question 5

Multiple Choice

For a data set with an odd number of observations that have been sorted from smallest to largest values, where is the median located?

• A) n
• B) n/2
• C) (n + 1)/2
• D) n + ½

---

Definitions:

Performance Results

The outcomes or outputs produced by an individual, team, or organization, measured against intended goals or standards.

Effective Control

The process of ensuring that organizational activities are proceeding as planned and correcting any significant deviations.

Measurement of Results

The process of quantitatively and qualitatively assessing the outcomes of an action or event, to determine the extent to which objectives and goals have been achieved.

Market Controls

Mechanisms that regulate the behavior and operation of market participants, typically through laws and regulations.