Mathematics

Dewey

5 May, 13:09

The profits earned in a year by some companies in a city are shown below:

Company

Profit

A

$160,000

B

$140,000

C

$130,000

D

$1,120,000

E

$150,000

Based on the data, should the mean or the median be used to make an inference about the profits earned by these companies?

Mean, because it is in the center of the data

Median, because it is in the center of the data

Mean, because there are no outliers that affect the mean

Median, because there is an outlier that affects the mean