If a Distribution of Numerical Scores Contains One or Two

question 66

Multiple Choice

If a distribution of numerical scores contains one or two extremely high values,compared to the rest of the scores,which measure of central tendency would produce the most representative value?

• A)​the mean
• B)​the median
• C)the mode
• D)​the standard deviation

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Definitions:

Six-Sided Die

A cube-shaped object with each of its six faces marked with a different number of dots from one to six, typically used in games of chance.

Exposure To Risk

Exposure to risk refers to the potential for loss or adverse outcomes faced by individuals or entities, stemming from various sources such as financial transactions, natural disasters, or security threats.

Risk-Averse

A characteristic of individuals preferring outcomes with certain, lower returns compared to outcomes with uncertain, potentially higher returns.

Risk Aversion

The behavior of individuals who, when exposed to uncertainty, would prefer to choose an outcome with a more certain but possibly lower payoff over an outcome with a higher payoff but more uncertainty.