i. For salaries of $102,000, $98,000, $25,000, $106,000 and $101,000, the arithmetic mean would be an appropriate average. ii. Extremely high or low scores affect the value of the median.
iii. Three persons earn $8 an hour, six earn $9 an hour, and one earns $12 an hour. The weighted mean hourly wage is $10.
A) (i), (ii) and (iii) are all correct statements
B) (i) and, (ii) are correct statements but not (iii).
C) (i) and, (iii) are correct statements but not (ii).
D) (ii) and, (iii) are correct statements but not (i).
E) (i), (ii) and (iii) are all false statements.

Question

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The Answer of i. For salaries of $102,000, $98,000, $25,000, $106,000 and $101,000, the arithmetic mean would be an appropriate average. ii. Extremely high or low scores affect the value of the median.
iii. Three persons earn $8 an hour, six earn $9 an hour, and one earns $12 an hour. The weighted mean hourly wage is $10.
A) (i), (ii) and (iii) are all correct statements
B) (i) and, (ii) are correct statements but not (iii).
C) (i) and, (iii) are correct statements but not (ii).
D) (ii) and, (iii) are correct statements but not (i).
E) (i), (ii) and (iii) are all false statements.

I for Salaries of $102,000, $98,000, $25,000, $106,000 and $101,000