Which of the Following Are the Three Most Common Measures

question 54

Multiple Choice

Which of the following are the three most common measures of central tendency?

• A) Mean,median,and mode
• B) Mean,variance,and standard deviation
• C) Mean,median,and variance
• D) Mean,median,and standard deviation
• E) First quartile,second quartile,and third quartile

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Definitions:

Inventory

The complete list of items such as goods, materials, and merchandise that a business holds with the intent to sell.

CPA

Certified Public Accountant, a professional designation given to qualified accountants who have passed a licensing examination in their jurisdiction.

Security Interest

A legal claim on assets which are given to secure a loan and ensure the repayment of debt.

Debtor

A debtor is an individual or entity that owes a debt to another party, usually a sum of money.