Which of the Following Is Not a Measure of Central

question 35

Multiple Choice

Which of the following is not a measure of central tendency?

• A)variance
• B)mean
• C)median
• D)mode

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Definitions:

Vertical

Referring to the direction pointing up or down, perpendicular to the horizontal plane.

Inverse Demand Function

A mathematical function that expresses price as a function of quantity demanded, showing the price at which consumers are willing to purchase a certain quantity of a good.

Inverse Supply

A representation of the relationship where the price of a good influences the quantity supplied, typically showing higher quantities supplied at higher prices.

Tax

Compulsory contributions to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.