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Non-financial measurements include all of the following except: For a data set with an odd number of observations that have been sorted from smallest to

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Non-financial measurements include all of the following except: For a data set with an odd number of observations that have been sorted from smallest to largest values, where is the median located? The number of observations multiplied by 0.5 The average of the two middle observations The number of observations divided by two The observation in the middle What is a disadvantage of the range as a measure of dispersion? It has no disadvantage. It can be distorted by a large mean. It is not in the same units as the original data, it is based on only two observations. A survey item asked students to indicate their class in college: freshman, sophomore, junioror senior. Which measures of central location would be appropriate for the data generated by that questionnaire item? O Mode and median Meant and mode Mean and median Mode only

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