If We Want to Describe the "Average" Person,when Would the Mean

question 83

Multiple Choice

If we want to describe the "average" person,when would the mean and median give very different results?​

• A)The sample follows the normal distribution.
• B)​The mean is equal to the mode.
• C)​A few individuals have extreme scores.
• D)​The sample includes thousands of individuals.

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Definitions:

Common Stock

A form of investment that signifies part ownership in a firm, granting the owner the right to vote and a portion of the corporation's earnings via dividends.

Land

An asset category in accounting, representing the earth's surface owned by an individual or entity, not depreciated over time.

Cash Flows

Represents the movement of money into and out of a business or financial entity, indicating its liquidity, financial health and ability to generate cash.

Operating Activities

Activities related to the primary revenue-generating operations of a company, often involving the production and delivery of goods and services.