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Author Question: What is the value called that occupies the middle position when the data are ranked from lowest to ... (Read 53 times)

hbsimmons88

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on: Jun 24, 2018
What is the value called that occupies the middle position when the data are ranked from lowest to highest?
 a. the mode
 
  b. the mean
 
  c. the range
 
  d. the median

Question 2

Which function is often required in simulations where we must model a process over multiple time periods and take the uncertain timing of events into account?
 a. RISKMIN
  b. RISKMAX
  c. NPV
  d. IF
  e. none of these choices


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mjbamaung

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Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

d


hbsimmons88

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

sultana.d

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Reply 3 on: Yesterday
Excellent

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