The Median Is Very Sensitive to Extremely High or Low

question 11

True/False

The median is very sensitive to extremely high or low scores.

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Definitions:

S&P/TSX 60 Index

A stock market index of 60 large companies listed on the Toronto Stock Exchange, representing leading sectors in Canada.

Alcan

Alcan was a Canadian mining company and manufacturer of aluminum products, which became part of Rio Tinto Alcan after its acquisition.

Systematic Risk

The inherent risk associated with the entire financial system or market, which cannot be eliminated through diversification.

Risk-Averse

A description of an investor or investment strategy that prioritizes the minimization of risk over potential returns.