When Trying to Estimate the Median Value in a Grouped

question 4

Multiple Choice

When trying to estimate the median value in a grouped frequency distribution which of the following statements IS true?

• A) The formula technique is usually preferred
• B) The graphical technique is usually preferred
• C) Both techniques will result in the same estimation (neither is preferred)
• D) The estimation of the median in this case should be avoided if possible

---

Definitions:

Large-Scale Farmers

Farmers who operate extensive areas of land and generally engage in high-volume production of crops or livestock.

Farm Subsidies

Governmental aid programs aimed at supporting farmers and agricultural enterprises by enhancing their earnings, regulating the production of farm goods, and affecting the price and availability of these commodities.

Budget Deficit

The amount by which expenditures exceed revenues in any year.

Free World Trade

The unhindered exchange of goods and services across international borders, encouraging global economic integration and efficiency.