Here Are Summary Statistics of the Four Last Digits of Social

question 117

Multiple Choice

Here are summary statistics of the four last digits of social security number of 500 customers,corresponding to the following histogram. $$\begin{array}{l}\begin{array} { l | l } \text { Count } & 500 \\\hline \text { Mean } & 4919 \\\hline \text { StdDev } & 1556 \\\hline \text { Median } & 5009 \\\hline \text { IQR } & 2009 \\\hline \text { Q1 } & 4018 \\\hline \text { Q3 } & 6027\end{array}\\\end{array}$$
Is the mean or median a "better" summary of the centre of the distribution?

• A)Neither,because these are not categorical data.
• B)Neither,because these are not quantitative data.
• C)Median,because the IQR is smaller than the standard deviation.
• D)Mean,because the distribution is quite symmetric.
• E)Median,because of the outliers.

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Definitions:

Total Assets

The sum of all current and non-current assets owned by a company, representing its total economic resources.

Gain On Disposal

A profit realized from the sale of a non-current asset, exceeding its carrying amount on the books.

Non-operating Section

A section of the income statement that reports revenue and expense resulting from secondary, non-core business activities.

Statement Of Income

A financial statement that shows a company's revenues, expenses, and net profit or loss over a specific period.