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i. In a positively skewed distribution, the mean is always greater than the median. ii. In a negatively skewed distribution, the mode occurs at the peak of the curve.
iii. In a negatively skewed distribution, the mode is greater than the median.
Trustee
An individual or organization appointed to manage and administer property or assets on behalf of others, usually within a trust.
Debtor's Estate
The collective assets and liabilities of a debtor that are subject to administration in a bankruptcy case.
Administration
In a legal context, it refers to the management and settlement of an estate of a deceased person by an appointed administrator.
Bankruptcy Code
The collection of federal laws and regulations that govern the process of bankruptcy in the United States, as codified under Title 11 of the U.S. Code.
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