Examlex
If the purpose of a statistic is to report the middle position in one or more distributions,which of the following is the appropriate statistic?
Root-cause Analysis
A method of problem solving that aims to identify the fundamental reasons for faults or problems.
Data Trimming
The procedure of removing extreme values from data to mitigate their effect on the analysis.
Weighted Average
An average that takes into account the relative importance or weight of each value in the data set.
Purchase Price
The amount of money paid or agreed to be paid to buy something.
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