A Frequency Distribution with a Mean of 50, a Median

question 31

Multiple Choice

A frequency distribution with a mean of 50, a median of 60, and a mode of 80 would be considered a _____.

• A) normal distribution
• B) right-skewed distribution
• C) left-skewed distribution
• D) This frequency distribution could be considered any of these types of distributions depending on the size of the standard deviation.

---

Definitions:

Complementary Products

Goods that are consumed together, where the use or consumption of one product increases the demand for another.

Substitute Products

Products that can serve as replacements for one another; when the price of one increases, the demand for the other typically increases.

Cross Elasticity of Demand

A measure of how the quantity demanded of one good responds to a price change of another good, showing the interdependence of demands.

Price of Tea

The cost for which tea is sold, which can vary based on factors like quality, location, and market conditions.