If a Distribution Is Multimodal, What Does This Mean

question 22

Multiple Choice

If a distribution is multimodal, what does this mean?

• A) It will not be a normal distribution.
• B) The data have been entered incorrectly.
• C) It will be a normal distribution.
• D) It will have to be checked with a Levene's test.

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Definitions:

Liquidity

The ease with which an asset or security can be converted into ready cash without affecting its market price.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a basis for computing rates of return and evaluating its capital structure.

Current Ratio

A financial ratio indicating how well a firm can cover its short-term liabilities with its present assets.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of a business, whichever is longer.