Which Is Not a Measure of Variability

question 27

Multiple Choice

Which is not a measure of variability?

• A)Mean absolute deviation (MAD)
• B)Standard deviation
• C)Midhinge
• D)Interquartile range

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Definitions:

Generally Accepted Accounting Principles

The standard framework of guidelines for financial accounting used in any given jurisdiction; generally known as GAAP.

Lower Of Cost

An accounting principle requiring inventory to be recorded at the lower of its historical cost or market value.

Market

A venue or mechanism where buyers and sellers engage in the exchange of goods, services, or financial instruments.