The annual returns (in percent)for a sample of stocks in the technology industry over the past year are as follows: 4.2 -9.4 2.8 -16.0 -6.6.
The median return is the closest to _____.
A) -6.6
B) -5
C) 0
D) 2.8

Question

Quizplus · Accepted Answer

The median is the middle value when the numbers are arranged in order. The ordered returns are -16.0, -9.4, -6.6, 2.8, 4.2. The middle value is -6.6.

The Annual Returns (In Percent)for a Sample of Stocks in the Technology