The Application of Mathematics to Describe and Analyse Data Is

question 48

Multiple Choice

The application of mathematics to describe and analyse data is known as

• A)dispersion.
• B)data reduction.
• C)statistics.
• D)psychometrics

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Definitions:

Yield

The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.

Bond Interest Expense

The cost associated with borrowing funds through the issuance of bonds, representing the interest payments made to bondholders.

Discount

A reduction in the price of goods or services, often to attract consumers or to reward volume purchases.

Effective Interest Method

An accounting technique used to calculate the amortized cost of a bond or loan and to allocate the interest expense over the borrowing's life.