Question
In descriptive statistics, which of the following
measures is least affected by extreme values (outliers)?Solution
The median is the middle value in a dataset when the values are arranged in ascending or descending order. Unlike the mean, which can be heavily influenced by extreme values or outliers, the median is much less sensitive to such values. Outliers can skew the mean significantly, but the median remains unaffected because it is based on the position of the values rather than their magnitude. This makes the median a more reliable measure of central tendency in datasets with outliers. For example, in income data where a few high-income individuals distort the mean, the median provides a better representation of the typical value. Why Other Options Are Incorrect: • A: The mean is highly sensitive to extreme values. A single outlier can significantly alter its value. • C: The mode represents the most frequent value in the dataset and can be skewed if outliers occur frequently, though it is less sensitive than the mean. • D & E: Both variance and standard deviation measure the spread or dispersion of the data, and they are highly affected by outliers since they are based on squared deviations from the mean. Extreme values increase the variance and standard deviation.
Which order of CPC discussed about Plaint?
When is theft a robbery?
Written communication shall be made by ___________ to the President before a Proclamation is issued by him under Art. 352 (1).
Which of the following is true relating to Red- herring Prospectus?
Amit with a guilty intention, abets a child sonu to commit murder of balbir. Which of the following is true in above case?
What are the qualifications required for the appointment of a person as a member of a Claims Tribunal as per the Motor Vehicles Act?
An application for initiating pre-packaged insolvency resolution process under the IBC, 2016 _____________________
Power to constitute new states and determination of its boundaries vests in:Â
Who prepares a panel of names of persons fit to be appointed as Public Prosecutors or Additional Public Prosecutors?
Who has the administrative control over State commission?