Get Started with ixamBee
Start learning 50% faster. Sign in now
Explanation: The median is the most robust measure of central tendency for skewed distributions because it represents the middle value when data is ordered, unaffected by extreme values. Unlike the mean, which can be disproportionately influenced by outliers, the median provides a more accurate representation of the dataset's central point in such cases. For example, in income distributions where a few individuals earn significantly more than others, the median reflects the typical earning level better than the mean. Option A: The mean is sensitive to outliers and fails to represent the central tendency accurately in skewed distributions. Option C: While the mode indicates the most frequent value, it is less informative in representing the dataset's overall central tendency. Option D: Standard deviation measures variability, not central tendency. Option E: Range only highlights the spread between maximum and minimum values, providing no insight into central tendency.
What is a common reason for implementing job changes in an organization?
What does the concept of "cultural relativism" in ethics suggest?
The rule of 72 can be used to give an estimate of the time period in which an inves t ment amount can grow by ______ , given the annual rate of return.
What is the fiduciary duty of board members concerning decision-making?
Why is emotional intelligence considered crucial for leaders in civil services?
What is the role of organizational structure in ethical decision-making?
What document outlines the duties, responsibilities, and requirements of a specific job role?
How are ethics and organizational structure intertwined?
How can unethical practices impact a business's reputation and trust?
What is the term for a situation where an individual faces conflicting ethical obligations and fulfilling one obligation means violating another?
