If a Data Set Has an Even Number of Observations

question 67

Multiple Choice

If a data set has an even number of observations, the median

• A) cannot be determined.
• B) is the average value of the two middle items.
• C) must be equal to the mean.
• D) is the average value of the two middle items when all items are arranged in ascending order.

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Definitions:

Dividend Income

Income from dividends, which are payments made by a corporation to its shareholder members. It is often derived from the company's profits.

Cost of Equity

The rate of return that a company must offer investors to compensate for the risk of investing in its equity.

Flotation Costs

Expenses incurred by a company in issuing new securities, including underwriting, legal, and registration fees.

Dividends Low

This term implies a situation where a company issues dividends at a lower rate or amount, possibly reflecting a strategy to reinvest earnings into the business or an indication of financial conservation.