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If the Mean Is Greater Than the Median,the Distribution Is

question 21

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If the mean is greater than the median,the distribution is likely to be negative or left skewed.


Definitions:

Creditor

An individual, company, or institution that lends money or extends credit, expecting to be repaid in the future.

Composition

An arrangement where creditors agree to accept a partial payment from a debtor instead of the full amount owed.

Collect

The act of gathering or accumulating items or amounts owed, commonly used in contexts such as collecting debts or data.

Creditors

Individuals or financial institutions that are owed money by debtors.

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