Which of the Following Is a Valid Statement About the Mean

question 86

Multiple Choice

Which of the following is a valid statement about the mean, median, and mode?

• A) They are equal to one another in any Poisson probability distribution.
• B) They are equal to one another in any normal probability distribution.
• C) They are different measures of centre and therefore cannot possibly be equal to one another.
• D) They are different measures of centre, but can equal each other only if the probability distribution is negatively or positively skewed.

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Definitions:

Income

Income earned, particularly in a consistent manner, from labor or investment returns.

U.S. Exports

Goods and services produced in the United States and sold to other countries.

Aggregate Expenditure Line

A relationship tracing, for a given price level, spending at each level of income, or real GDP; the total of C + I + G + (X - M) at each level of income, or real GDP.

Marginal Propensity

The ratio of the change in consumption to the change in income, indicating how much consumption will change with a change in income.