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I for Salaries of $102,000, $98,000, $25,000, $106,000 and $101,000

Question 101

Multiple Choice

i. For salaries of $102,000, $98,000, $25,000, $106,000 and $101,000, the median would be an appropriate average. ii. There are always as many values above the mean as below it.
iii. Three persons earn $8 an hour, six earn $9 an hour, and one earns $12 an hour. The weighted mean hourly wage is $9.


A) (i) , (ii) and (iii) are all correct statements.
B) (i) and, (ii) are correct statements but not (iii) .
C) (i) and, (iii) are correct statements but not (ii) .
D) (ii) and, (iii) are correct statements but not (i) .
E) (i) , (ii) and (iii) are all false statements.

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