Daily sales were 3, 3, 4, 5 and 100 units. Which measure shows a typical day best?
AMean, which is 23
BRange, which is 97
CMedian, which is 4
DLargest value, 100
Answer & Solution
Correct answer: C. Median, which is 4
1. The value 100 is far from the others, so it is an outlier.
2. The mean (115 / 5 = 23) is pulled up and is larger than all but one value.
3. The median of 3, 3, 4, 5, 100 is 4, which describes a normal day.
The range and largest value only describe the extremes.
_Source: Wikipedia, Median, Uses_
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