Extreme values of observations may be the result of:
A)a misplaced decimal point in the recorded data
B)classifying a cost incorrectly
C)a temporary plant shutdown
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

All of these options can result in extreme values of observations. Misplaced decimal points can lead to values that are orders of magnitude larger or smaller than intended. Classifying a cost incorrectly can also lead to outliers in the data. Temporary plant shutdowns can cause large fluctuations in the data during that time period.

Extreme Values of Observations May Be the Result Of