Which of the Following Is Least Affected by Outliers

question 13

Multiple Choice

Which of the following is least affected by outliers?

• A) The range
• B) The mean
• C) The median
• D) The standard deviation

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Definitions:

Expenses Recorded

The process of documenting all the money spent during the operation of a business, used to track financial performance and for tax purposes.

Cash Paid

The total amount of cash disbursed by a company for various purposes, such as operating expenses, acquisitions, or investments.

Prepaid Expenses

Expenses paid for in advance and recorded as assets before they are used or consumed.

Accrued Expenses

Costs that a company has incurred but hasn't paid for yet, which show up as liabilities on the balance sheet.