Question: 6. a. Discuss the difference between the Mean and Trimmed Mean in the presence of outliers. b. A lecturer has computed the following statistics from

 6. a. Discuss the difference between the Mean and Trimmed Mean

6. a. Discuss the difference between the Mean and Trimmed Mean in the presence of outliers. b. A lecturer has computed the following statistics from a recently concluded ECON 1005 exam: Mean= 45, Median= 60 and Mode= 63. Determine which of the previous measures will be the most appropriate in summarizing the performance of the class? Give reasons for your

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