The four families on your block all have annual household incomes of $25,000. If a new family with an annual income of $75,000 moved in,which measure of central tendency would be most affected?

A) mean
B) median
C) mode
D) standard deviation

Central Tendency

A statistical measure that identifies a single value as representative of an entire distribution of data, including the mean, median, and mode as common examples.

Household Incomes

The total income earned by all members of a household, encompassing all financial sources.

Annual Income

The total amount of money earned or received in a year from employment, investments, or other sources before taxes and deductions.