A Measure of Central Tendency That Is Used to Cancel

question 11

Multiple Choice

A measure of central tendency that is used to cancel out the effects of a few extremely large or small values of a variable within a data set is the:

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

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Definitions:

Computer Software

Programs and operating information used by a computer to perform specific tasks or functions.

Quantity Demanded

Refers to the total amount of a good or service that consumers are willing and able to purchase at a specific price level.

Market Demand Curve

A graph that shows the relationship between the price of a good and the quantity of that good all consumers are willing to purchase at each price level.