Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In this data set ($25,000, $20,000, $21,000, $100,000, and $22,000) which describes incomes in a small company, the best measure of the average is? A.

In this data set ($25,000, $20,000, $21,000, $100,000, and $22,000) which describes incomes in a small company, the best measure of the "average" is?

A. Mode

B. Median

C. Both the mean and median

D. Mean

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Physics For Scientists And Engineers With Modern Physics

Authors: Raymond A Serway, John W Jewett

10th Edition

133767172X, 9781337671729

More Books

Students also viewed these Mathematics questions

Question

=+d) Why does the no trend model from Exercise 40 no longer work?

Answered: 1 week ago

Question

7. How can an interpreter influence the utterer (sender)?

Answered: 1 week ago

Question

8. How can an interpreter influence the message?

Answered: 1 week ago