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Question 3 Summary Measures [20 points]: a) Median and Mean (average) are two measures of Central Tendency Which one might be a better metric in
Question 3 Summary Measures [20 points]:
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a) Median and Mean (average) are two measures of Central Tendency Which one might be a better metric in general? Why?
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b) Range and Inter-quartile Range (IQR) are two measures of dispersion. Which one might be a better metric in general? Why?
Your Answer:
a)
b)
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Managerial Finance In A Canadian Setting
Authors: X. Lusztig, X. Schwab
4th Edition
