1. The measures in this chapter are known as measures of central tendency because they tend to...

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1. The measures in this chapter are known as measures of central tendency because they tend to
a. fall toward the center of a distribution, where most of the scores are located.
b. be central to our understanding of statistics.
c. be located at the midpoint of a class interval.
d. All of the above
2. Which measure of central tendency represents the point of maximum frequency in a distribution?
a.
Mode
b. Median
c. Mean
3. Which measure of central tendency is considered the point of balance in a distribution?
a.
Mode
b. Median
c. Mean
4. Which measure of central tendency cuts a distribution in half when the scores are arranged from high to low?
a. Mode
b. Median
c. Mean
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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