The Annual Returns (In Percent)for a Sample of Stocks in the Technology

question 136

Multiple Choice

The annual returns (in percent) for a sample of stocks in the technology industry over the past year are as follows: 4.2 -9.4 2.8 -16.0 -6.6.
The median return is the closest to _____.

• A) -6.6
• B) -5
• C) 0
• D) 2.8

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Definitions:

Percentage Cost

This refers to the cost expressed as a percentage of the total amount or value involved.

Production Output

The total quantity of goods and services produced in a given time period by a firm or country.

Cash Sales Policy

A cash sales policy is a business approach where transactions are conducted strictly on a cash basis, without offering credit to customers.

Discount Period

The discount period is the time frame in which a payment can be made at a discounted rate from the regular price or before it becomes due.