If There Are Outliers at Either End of a Distribution

question 19

Multiple Choice

If there are outliers at either end of a distribution that is symmetric, a researcher might:

• A) Calculate a trimmed mean
• B) Report the median rather than the mean
• C) Report the mode rather than the mean
• D) Omit the variable from further analyses

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Definitions:

Comparative Advantage

The principle that a country, individual, or firm can produce a particular good or service at a lower opportunity cost than competitors, leading to advantageous trade.

Constant Rate

A steady, unchanging speed or level at which something occurs or is processed.

Opportunity Cost

The financial consequence of bypassing the subsequent optimal opportunity in favor of another decision.

Emeralds

Precious green gemstones that are highly valued for their beauty, rarity, and hardness.