19
QuizMultiple Choice

N/A — Exam

Question 19 • Advanced Financial Algebra

A tax auditor reviews the distribution of tax refunds and notices it is highly skewed to the right. Which statement best describes the characteristics of this distribution?

Answer
A
The mean is greater than the median.
B
The distribution has a symmetrical shape.
C
The median is greater than the mean.
D
The mean and median are approximately equal.

Explanation

In a right-skewed distribution, most values cluster toward the lower end, while a few unusually large values create a long tail to the right. Those large values pull the mean upward more than they affect the median, so the mean is greater than the median. Therefore, the best choice is “The mean is greater than the median.”

AI-written and checked against the verified answer.

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