Which of the Following Will Decrease Your Net Worth

question 52

Multiple Choice

Which of the following will decrease your net worth?

• A)Increase your income
• B)Decrease your expenses
• C)Increase your assets
• D)Increase your liabilities

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Definitions:

Pie Chart

A circular statistical graphic which is divided into slices to illustrate numerical proportion.

Skewed To The Right

A description of a distribution that has a long tail on the right side, indicating that there are a number of observations that are significantly higher than the rest of the data.

Skewed To The Left

Describes a distribution of data where the tail is longer on the left side of the distribution graph, indicating that the bulk of the data points are to the right.

Symmetric

Refers to a balance or similarity between two halves of an object, dataset, or distribution where each side is a mirror image of the other.