Which of the Following Is Sensitive to Extreme Values

question 71

Multiple Choice

Which of the following is sensitive to extreme values?

• A) The median.
• B) The interquartile range.
• C) The arithmetic mean.
• D) The 1st quartile.

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Definitions:

Gain-Sharing

A performance-based compensation strategy where employees receive benefits from the cost-saving measures they contribute to.

Draw System

A compensation method where payments made to an employee in advance are later subtracted from their commissions to ensure they receive a consistent income.

Sales Stipend

A fixed sum of money paid to sales employees in addition to commissions to cover expenses or as part of their total compensation.

Security Income

Usually refers to income derived from investments, such as dividends or interest, but can also refer to guaranteed income sources like pensions or social security benefits.