Consider the following types of data that were obtained from a random sample of 49 credit card

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Consider the following types of data that were obtained from a random sample of 49 credit card accounts. Identify all the averages (mean, median, or mode) that can be used to summarize the data.
(a) Outstanding balance on each account
(b) Name of credit card (e.g., MasterCard, Visa, American Express, etc.)
(c) Dollar amount due on next payment
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Understanding Basic Statistics

ISBN: 9781111827021

6th Edition

Authors: Charles Henry Brase, Corrinne Pellillo Brase

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