Question

When Mark was looking at his monthly utility payments, he noticed that one payment was significantly lower than all the others. Which of the following would be most affected by Mark's observation? The median, average, highest, most frequent monthly payment

Answer 1

The average monthly payment would be most affected by Mark's observation of one significantly lower payment. The reason is that the average is calculated by summing all the payments and dividing by the total number of payments, so any extreme values (such as the significantly lower payment) can have a substantial impact on the average value.

Explanation: