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Bizhelp, CPA
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Experience:  Bachelors Degree and CPA with Accounting work experience
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Which of the following measures of central location is affected

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Which of the following measures of central location is affected most by extreme values?

A. Mode
B. Geometric mean
C. Median
D. Mean
Hi,

The answer is D. Mean

Hope this helps!



Customer: replied 5 years ago.
Which of the following is not a requirement of a probability distribution?
A. The outcomes are mutually exclusive.
B. The probability of each outcome is between 0 and 1.
C. Equally likely probability of a success.
D. Sum of the possible outcomes is 1.00.

The answer to this is C. Equally likely probability of a success.
Customer: replied 5 years ago.
The difference between a random variable and a probability distribution is:
A. A random variable does not include the probability of an event.
B. A random variable can only assume whole numbers.
C. A probability distribution can only assume whole numbers.
D. None of the above.

 

 

 

Which of the following is not a requirement of a binomial distribution?


A. A fixed number of trails.
B. Equally likely outcomes.
C. A constant probability of success.
D. Only two possible outcomes

 

The difference between a random variable and a probability distribution is:
C. A probability distribution can only assume whole numbers.

Which of the following is not a requirement of a binomial distribution?
D. Only two possible outcomes
Customer: replied 5 years ago.
Suppose a population consisted of 20 items. How many different samples of n = 3 arepossible?
A. 20
B. 120
C. 6840
D. 1140

 

The difference between the sample mean and the population mean is called the


A. Standard error of the mean.
B. Sampling error.
C. Population mean.
D. Population standard deviation

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