How Will a High Outlier in a Data Set Affect

question 97

Multiple Choice

How will a high outlier in a data set affect the mean and median?

• A) Distribution skewed to the right, mean not effected, median skewed to the right
• B) Distribution skewed to the left, mean pulled to the left, median not effected
• C) Distribution skewed to the right, mean pulled to the right, median not effected
• D) Distribution skewed to the right, mean not effected, median not effected

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Definitions:

Direct Materials

Basic substances used explicitly in the manufacturing of certain products or services.

Production Budget

A financial plan that outlines the cost of producing the goods or services a company plans to sell, including direct labor, materials, and overhead.

Denim Material

A durable, woven fabric commonly used for making jeans and other clothing items, characterized by its indigo blue color.

Budgeted Production

The planned amount of goods to be produced over a certain period, often based on demand forecasts.