WAEC Economics 2000 Question 6

Question 6

Tools of Economic Analysis

Which of the following is a measure of central tendency?

  1. A.Percentage
  2. B.Graph
  3. C.Variance
  4. D.Median.
Show the answer and explanation

Answer: D (Median.)

Explanation

Mean, median and mode are measures of central tendency; variance measures spread (dispersion).