MGMT 1050 Lecture Notes - Frequency Distribution, Scatter Plot, Quartile
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In the following multiple-choice questions, please circle the correct answer. Which measure of central location is appropriate whenever we wish to estimate the expected mean return, or growth rate, for a single year in the future: the arithmetic mean, the geometric mean, the median, the mode. Which of the following statistics is not a measure of central tendency: mean, median, mode d. Which measure of central location is meaningful when the data are nominal: the arithmetic mean, the geometric mean, the median, the mode. Which measure of central location is appropriate whenever we wish to find the average growth rate, or rate of change, in a variable over time: the arithmetic mean, the geometric mean, the median, the mode. Which measure of central tendency can be used for both numerical and categorical variables: the arithmetic mean, the median, the mode, the geometric mean, which of the mean, median, mode, and geometric mean are resistant measures of central.
