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Term 2 · Week 2 · Data and Descriptive Statistics

Standard problem

Standard

Galunggong prices in six markets: ₱180, ₱185, ₱190, ₱180, ₱175, ₱320. Which measure best describes the typical price, and why?

Choices
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Answer: b. Median, because one unusually high price pulls the mean up

  1. Five prices cluster near ₱180–190; ₱320 is an outlier.
  2. Mean ≈205\approx 205 is above every price except the outlier; median =182.5= 182.5 represents the typical stall.

Common errors to watch for

  • (a) The mean is sensitive to outliers; 'uses every value' is why it misleads here.

Budget of Work competencies

  • gm11.t2.w2.c3
    Identify the appropriate measure of central tendency and measures of variability of a given data set for different purposes.

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