Skip to content

ACCA Applied Knowledge · Management Accounting · Summarising and analysing data

Which statement about the arithmetic mean, median and mode is correct?

The median is less affected by extreme values than the mean. The mean uses every observation and is pulled toward outliers, whereas the median depends only on the middle position. The mode is the most frequent value and need not be unique.

  1. AThe mean is unaffected by extreme values
  2. BThe median is the most frequently occurring value
  3. CThe mode always exists as a unique value in any data set
  4. DThe median is less affected by extreme values than the meanCorrect

Explanation

The median depends only on the middle position, so outliers have little effect, whereas the mean uses every value and is pulled by extremes. The mode is the most frequent value, and a data set can have no mode or several modes.

Did you get it right without looking?

One question tells you little. A timed set on Summarising and analysing data shows your real accuracy, how long you take and where you lose marks.

Practise Summarising and analysing dataFree diagnostic mock

More Summarising and analysing data questions