PRC-2 · Chapter 8 · Question 3 of 60
In a highly skewed distribution, which statistical measure of central tendency is typically considered the most robust and representative?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Median
Explanation
The median is largely unaffected by extreme outliers or heavily skewed data, making it the most representative measure of the 'center' compared to the mean, which is heavily distorted by extreme values.
More Statistical Measures of Data MCQs
- Q5If the calculated variance for a specific set of financial data is strictly 144, what is the standard deviation of that data?
- Q6What is the mathematical sum of the deviations of all individual observations from their arithmetic mean?
- Q7Which specific measure of central tendency is most mathematically appropriate for averaging rates of change, speed, or unit prices?
- Q8Which of the following values is perfectly equivalent to the Second Quartile (Q2) of a dataset?
- Q9How is the Interquartile Range (IQR) formally calculated?