One Advantage of Using the Median as a Measure of Centre

question 32

True/False

One advantage of using the median as a measure of centre is that its value is NOT affected by extreme values.

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Definitions:

Corporatist Society

A social and political system in which interest groups, such as businesses and trade unions, are integrated into the government structure, influencing policies and decisions.

Economic Downturns

Periods when the economy as a whole is in decline, characterized by reduced industrial production, trade, consumer spending, and employment rates.

Business Leaders

Individuals who hold positions of power and influence within businesses and corporations, guiding strategic direction, growth, and operational decision-making.