A measure of central tendency that is used to cancel out the effects of a few extremely large or small values of a variable within a data set is the:
A) mode
B) mean
C) trimmed mean
D) weighted mean

Question

Quizplus · Accepted Answer

The trimmed mean is calculated by removing a certain percentage of the extreme values from the dataset, thereby reducing the impact of outliers on the overall measure of central tendency. This is a more robust measure than the mean, which is heavily influenced by extreme values, and is often preferred in situations where outliers are present. The mode is simply the most frequently occurring value, and the weighted mean gives more importance to certain values based on their weights.

A Measure of Central Tendency That Is Used to Cancel