Can the Median Value Be the Same as the Average

question 60

Multiple Choice

Can the median value be the same as the average value?

• A)Yes, because median and average are two names for the same thing.
• B)Yes, because sometimes they will just happen to be the same value.
• C)No, because the median value is always higher than the average value.
• D)No, because they are determined by two completely different methods.
• E)No, because the two terms don't mean the same thing.

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Definitions:

Identify Problem

Involves determining the exact nature of an issue or challenge, which is the first step in problem-solving processes.

Possible Courses

A range of potential directions or actions that can be taken in a specific situation.

Incremental Analysis

The process of comparing the expected costs and benefits of alternative decisions, focusing on the differences between them.

Net Income

The profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.