the head of accounting at delores inc. is computing a value that represents the companys financial…

the head of accounting at delores inc. is computing a value that represents the companys financial performance in the previous year. the company made approximately $90,000 in 11 out of the 12 months. in the last month of the fiscal year, the company made $530,000. in this scenario, which measure of central tendency will be the least effective as an accurate representation of financial performance?\nmean\nrange\nmode\nmedian\n\n24 multiple choice 2 points\nin the context of experimental research, the logic of random assignment is that\nif participants in an experiment are assigned to each group by stratification, the actual differences between the groups will sustain over the long run.\nif participants in an experiment are assigned to each group only by chance, the actual similarities between the groups will sustain over the long run.\nif participants in an experiment are assigned to each group only by chance, the potential differences between the groups will cancel out over the long run.\nif participants in an experiment are assigned to each group by stratification, the potential differences between the groups will cancel out over the long run.

the head of accounting at delores inc. is computing a value that represents the companys financial performance in the previous year. the company made approximately $90,000 in 11 out of the 12 months. in the last month of the fiscal year, the company made $530,000. in this scenario, which measure of central tendency will be the least effective as an accurate representation of financial performance?\nmean\nrange\nmode\nmedian\n\n24 multiple choice 2 points\nin the context of experimental research, the logic of random assignment is that\nif participants in an experiment are assigned to each group by stratification, the actual differences between the groups will sustain over the long run.\nif participants in an experiment are assigned to each group only by chance, the actual similarities between the groups will sustain over the long run.\nif participants in an experiment are assigned to each group only by chance, the potential differences between the groups will cancel out over the long run.\nif participants in an experiment are assigned to each group by stratification, the potential differences between the groups will cancel out over the long run.

Answer

1. First question

Brief Explanations:

The mean is affected by outliers. The $530,000$ in the last month is an outlier compared to the $90,000$ in 11 months. Range is a measure of spread, mode is the most frequent value ($90,000$ here), and median is the middle - value which is less affected by outliers.

Answer:

A. mean

2. Second question

Brief Explanations:

The logic of random assignment in experimental research is that when participants are assigned to groups by chance, potential differences between groups will cancel out over the long - run, creating equivalent groups.

Answer:

C. if participants in an experiment are assigned to each group only by chance, the potential differences between the groups will cancel out over the long run.