What would be your preferred measure of central tendency if you had the following data: $32,400; $42,500; $47,250; $49,570; $145,850?
A)mean
B)median
C)mode
D)weighted mean

Question

Quizplus · Accepted Answer

The presence of an outlier, $145,850, makes the mean susceptible to being skewed. Therefore, the most representative measure of central tendency in this case would be the median.

What Would Be Your Preferred Measure of Central Tendency If