Explain the Three Types of Reference Group Influence

question 40

Essay

Explain the three types of reference group influence.

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Definitions:

Extreme Values

Observations in data that are significantly higher or lower than the majority of other values in a dataset.

Data Set

All the data collected in a particular study.

Trimmed Mean

A measure of central tendency calculated by removing a certain percentage of the largest and smallest values from a dataset before averaging the remaining data.

Geometric Mean

The central tendency of a set of numbers, calculated by taking the nth root of the product of n numbers, useful for sets of positive numbers.