Which Measure of Central Tendency Is More Representative of the Typical

question 138

Multiple Choice

Which measure of central tendency is more representative of the typical observation if the graph of the data isskewed to the right?

• A) Median
• B) Mean
• C) Mode
• D) Midrange

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Definitions:

Oil Reserve

Stocks of crude oil or refined petroleum products held underground or in storage facilities controlled by countries or corporations for future use.

Profit

The financial gain realized when revenue from business activities exceeds the costs and expenses involved in operating.

Market Rate

The prevailing price or cost of goods, services, wages, or interest rates in the open market.

Natural Gas

A fossil fuel composed mainly of methane, used as an energy source for heating, electricity, and vehicle fuel.