Which Descriptive Summary Measures Are Considered to Be Resistant Statistics

question 40

Multiple Choice

Which descriptive summary measures are considered to be resistant statistics?

• A) the interquartile range and range
• B) the arithmetic mean and standard deviation
• C) the mode and variance
• D) the median and interquartile range

---

Definitions:

Financial Analysis

The process of evaluating businesses, projects, budgets, and other finance-related entities to determine their performance and suitability.

Sensitivity Analysis

A technique used to determine how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Estimates of Inputs

Projections or calculations regarding the amount or type of resources (like raw materials, labor, and capital) required to achieve a certain production output.

Flexible Production Capacity

The ability of a manufacturing system to adjust and adapt its output levels in response to changes in demand or production needs.