Which of the following would be the best way to summarize the "average income" in
Webster Groves,Missouri?
A)Mean
B)Standard deviation
C)Median
D)Standard error of the mean
E)Mode

Question

Quizplus · Accepted Answer

The median would be the best way to summarize the average income in Webster Groves, Missouri. This is because the median represents the middle value in a data set, which would give a better representation of the typical income in the area compared to the mean, which can be skewed by outliers. The standard deviation, standard error of the mean, and mode are not appropriate for summarizing average income.

Which of the Following Would Be the Best Way to Summarize