Answered

Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

The profits earned in a year by some companies in a city are shown $160,000 $140,000 $130,000 $1120,000 $150,000 based on the data should the mean, or the median Be used to make the inference about the profits earned by the companies

Sagot :

Answer:

Median

Step-by-step explanation:

In this data set, there's a huge outlier ($1,120,000) which would skew the results upwards. Using the mean to make an inference about the profits would better represent the whole data set since you'd get $150,000 which is more in line with the rest of the data point.

We hope this information was helpful. Feel free to return anytime for more answers to your questions and concerns. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.