Which Is a Characteristic of the Mean as a Measure

question 130

Multiple Choice

Which is a characteristic of the mean as a measure of center?

• A)Deviations do not sum to zero when there are extreme values.
• B)It is less reliable than the mode when the data are continuous.
• C)It utilizes all the information in a sample.
• D)It is usually equal to the median in business data.

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Definitions:

Marginal Tax Rate

The tax rate that applies to each additional dollar of income earned; the percentage of tax paid on any additional income earned.

Capital Structure

The mix of a company's long-term debt, specific short-term debt, common equity, and preferred equity, which determines its financial leverage.

Pre-tax Cost

The expense associated with a resource or activity before the effect of taxes is considered.

Semi-annually

Occurring twice a year, a term often used in reference to the payment of interest or dividends.