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Consider the following types of data that were obtained from a random sample of 49 credit card accounts. Identify all the averages (mean, median, or mode) that can be used to summarize the data.

(a)Outstanding balance on each account

(b)Name of credit card (e.g., MasterCard, Visa, American Express, etc.)

(c)Dollar amount due on next payment.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9410163

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