Which of the Following Summary Measures Is Affected by Extreme

question 48

Multiple Choice

Which of the following summary measures is affected by extreme values?

• A)The median.
• B)The interquartile range.
• C)The range.
• D)The mode.

---

Definitions:

Predetermined Overhead Rate

A rate calculated before the period begins, based on the estimated overhead costs and estimated activity base, used to allocate overhead costs to products.

Machine-Hours

An indicator of how much output is generated in manufacturing, determined by the total hours that machinery is in use.

Predetermined Overhead Rate

A rate calculated before the accounting period begins, based on the estimated overhead costs and estimated activity level, used to allocate overhead costs to products or services.

Labor-Hours

A measure of the work performed by employees, typically represented by the number of hours worked.