a-data-set-of-annual-incomes-is-skewed-due-to-a-few-extremely-high-earners-which

Question

A data set of annual incomes is skewed due to a few extremely high earners. Which measure of center should be reported to best summarize the typical income?

Accepted Answer

Median, because it is resistant to outliers.

Answer

Mean, because it includes all values.

Answer

Range, because it shows the difference between highest and lowest incomes.

Answer

Mode, because it is the most common value.