What Is the Preferred Measure of Central Tendency Using the Following

question 46

Multiple Choice

What is the preferred measure of central tendency using the following data: $32,400;$42,500;$47,250;$49,570;$145,850?

• A)mean
• B)median
• C)mode
• D)weighted mean

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Definitions:

Marketing Programs

Structured plans created by businesses that outline marketing strategies and tactical campaigns to reach specific goals.

Future Years

Refers to upcoming periods of time, often considered for planning, forecasting, or projections in various contexts.

Marketing Strategies

Comprehensive plans formulated to achieve marketing goals by identifying target audiences and deciding on ways to promote products or services.

Planning Phase

A stage in project management or strategy development where goals are set and actions to achieve them are determined.