The Mode Measures Central Tendency in Terms of Which of These

question 4

Multiple Choice

The mode measures central tendency in terms of which of these?

• A) the most common score
• B) the most central case
• C) the most important score
• D) the most average case

---

Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, particularly concerning liquidity.

Capital Budgeting

The process of evaluating and selecting long-term investments that are in line with the goal of shareholder wealth maximization.

Payback Period

The length of time required to recover the cost of an investment.

IRR

The rate at which the projected cash flows of an investment will yield a net present value of zero, used as a measure to assess the profitability of investments.