Question

The price of some jewelry sets in a store are shown below:


Store Price
A $110,000
B $100,000
C $1,110,000
D $130,000
E $120,000


Based on the data, should the mean or the median be used to make an inference about the price of the jewelry sets in the store?
Mean, because it is in the center of the data
Median, because it is in the center of the data
Median, because there is an outlier that affects the mean
Mean, because there are no outliers that affect the mean

Answer 1

In a question like this you have to be careful about outliers

Answer 2

ok

Answer 3

You would think mean represents it but with outliers not really

Answer 4

Median, because the outlier affects the mean

Answer 5

so the medain

Answer 6

thanks! :)

Answer 7

Definitely the median

Answer 8

median :)

Answer 9

We all love social medias

Answer 10

Got more questions?

Answer 11

ikr