Which of the Following Statistics Is the Preferred Measure of Central

question 152

Multiple Choice

Which of the following statistics is the preferred measure of central tendency for a skewed distribution?

• A) the mean
• B) the median
• C) the mode
• D) None of these

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Definitions:

Strategy Map

A visual tool that illustrates a company's strategic objectives and the causal relationships between different elements of its strategy.

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

BSC Performance Perspectives

Four dimensions used in the Balanced Scorecard framework for strategic management, including financial, customer, internal processes, and learning and growth perspectives.

Leading Indicator

An economic factor that changes before the economy begins to follow a particular pattern or trend.