Question

concept check 1. another word for mean is . margin centric statistic average product 2. which measure of central tendency is affected by outliers? mean median both mean and median mean, median, and mode 3. when would you calculate an expected value? when you need to know the exact outcome of a future, unknown event when your data points occur on different dates when you only have one data point when your data points have various probabilities of occurring 4. what is the median of the following set of numbers: 4, 0, -3, 5, 1, 3, -2? 3 5 1.14 1 5. true or false: the mode is universally an accurate representation of data sets because it captures the number that occurs most often. true false

Answer 1

Another word for the mean is "average".

Which measure of central tendency is affected by outliers? Mean.

When would you calculate an expected value? when your data points have various probabilities of occurring.

What is the median of the following set of numbers: 4, 0, -3, 5, 1, 3, -2? 3.

True or false: The mode is universally an accurate representation of data sets because it captures the number that occurs most often. False. Mode is not always an accurate representation of data sets and it may not exist in certain data sets.

Explanation: