Which of the measures of central tendency would best represent the data below? $$\begin{array} { | l | c | }
\hline \text { Project Management Software } & \text { Price (\$) } \
\hline \text { APECS } & 55,000 \
\text { The Chief Software: Project } & 3,900 \
\text { Management } & 249 \
\text { CPM/PERT } & 50 \
\text { Demi Plan } & 115 \
\text { Expert } & 395 \
\text { Harvard Project Manager } & 249 \
\text { Intepert } & 695 \
\text { LISA7/7 } & 395 \
\text { Micro Trak } & 595 \
\text { Milestone } & 250 \
\text { Pathfinder } & 299 \
\text { PC-PATH } & 995 \
\text { Plan/Trax } & 795 \
\text { Pro-Ject 6 } & 199 \
\text { Task } & 329 \
\hline
\end{array}$$
A) Range
B) Mean
C) Median
D) Mode
E) Standard deviation

Question

Which of the measures of central tendency would best represent the data below? $$\begin{array} { | l | c | } 
\hline \text { Project Management Software } & \text { Price (\$) } \
\hline \text { APECS } & 55,000 \
\text { The Chief Software: Project } & 3,900 \
\text { Management } & 249 \
\text { CPM/PERT } & 50 \
\text { Demi Plan } & 115 \
\text { Expert } & 395 \
\text { Harvard Project Manager } & 249 \
\text { Intepert } & 695 \
\text { LISA7/7 } & 395 \
\text { Micro Trak } & 595 \
\text { Milestone } & 250 \
\text { Pathfinder } & 299 \
\text { PC-PATH } & 995 \
\text { Plan/Trax } & 795 \
\text { Pro-Ject 6 } & 199 \
\text { Task } & 329 \
\hline
\end{array}$$
A) Range
B) Mean
C) Median
D) Mode
E) Standard deviation

Quizplus · Accepted Answer

The median would be the best measure of central tendency for this data set since it is not affected by outliers (such as the very high price of APECS). The median is the middle value when the data set is arranged in order, which in this case would be $299.

Which of the Measures of Central Tendency Would Best Represent