In analyzing compensation data that include extreme values,what would be an advisable measure of central tendency to use?
A) compa-ratio
B) mean
C) median
D) inter-quartile range

Question

Quizplus · Accepted Answer

When analyzing compensation data that includes extreme values, the median is a better measure of central tendency than the mean. The median is the middle value in a dataset when all values are arranged in order. It is less affected by extreme values than the mean, which can be skewed by outliers. Therefore, the median provides a more accurate representation of the typical value in the dataset.

In Analyzing Compensation Data That Include Extreme Values,what Would Be