Which of the following is NOT a measure of central tendency used to compare compensation?

Prepare for the HRM/324T Total Compensation Test with engaging flashcards and multiple-choice questions. Boost your understanding with explanations for each question and get exam-ready!

The correct answer is the range, as it is not a measure of central tendency but rather a measure of variability or dispersion. Measures of central tendency, such as mean, median, and mode, are used to summarize a set of data by identifying the center point or typical value within that dataset.

The mean is calculated by adding all values together and dividing by the number of values, giving an average. The median represents the midpoint in a data set when it is ordered from lowest to highest, indicating the value that separates the higher half from the lower half. The mode identifies the most frequently occurring value in a dataset.

In contrast, the range measures the difference between the highest and lowest values in a data set, providing insights into the spread or dispersion of the data rather than its central point. This distinction is crucial for understanding how compensation data can be analyzed and interpreted effectively within the realm of total compensation practices.

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