Questions: Mean, Median, and Mode with Data Sets

5 questions to test your understanding

Score: 0 / 5
Question 1 Multiple Choice

A real estate agent reports the mean home price in a neighborhood. Most houses cost $250,000–$350,000, but one mansion sold for $5,000,000. Why is the mean potentially misleading here?

AThe mean is always lower than the median in housing data, making it systematically inaccurate
BThe mean is pulled upward by the extreme outlier, making the neighborhood appear more expensive than a typical home — the median would better represent what a typical buyer would pay
CThe agent should use the mode, because the most frequent price is always the most accurate measure
DThe mean is mathematically incorrect whenever outliers are present
Question 2 Multiple Choice

A student is asked for the median of the data set: 3, 7, 9, 12. She answers '9 because it's in the middle.' What did she do wrong?

AShe forgot to sort the data before finding the median
BShe should have used the mean instead of the median
CWith an even number of values, the median is the average of the two middle values: (7 + 9) / 2 = 8
DShe identified the wrong middle value; it should be 7
Question 3 True / False

A data set can have no mode if all values are different, or multiple modes if several values appear with equal highest frequency.

TTrue
FFalse
Question 4 True / False

In any data set, the mean and median will typically be close to each other because both measure central tendency.

TTrue
FFalse
Question 5 Short Answer

A company's employee salary data is right-skewed because the CEO earns $5 million while most employees earn $50,000–$80,000. Which measure of central tendency best represents a 'typical' employee's salary, and why?

Think about your answer, then reveal below.