Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

AACE International CCP Exam - Topic 1 Question 40 Discussion

You are analyzing historic unit costs for 18'' Class 5 reinforced concrete pipe is a database. The unit costs include all costs-material, labor, equipment, and other, for the excavation, bedding, pipe and backfill. Refer to the following table:What is the median unit cost?
C) $40.00
A) $48.22
B) $48.35
D) $46.59

AACE International CCP Exam - Topic 1 Question 40 Discussion

Actual exam question for AACE International's CCP exam
Question #: 40
Topic #: 1
[All CCP Questions]

You are analyzing historic unit costs for 18'' Class 5 reinforced concrete pipe is a database. The unit costs include all costs-material, labor, equipment, and other, for the excavation, bedding, pipe and backfill. Refer to the following table:

What is the median unit cost?

Show Suggested Answer Hide Answer
Suggested Answer: C

The median cost is found by ordering the unit costs and selecting the middle value. The ordered costs are:

$26.78, $34.50, $37.30, $40.00, $46.59, $55.00, $55.00, $65.00, $75.00

Since there are nine data points, the fifth value in this list is the median:

C . $40.00 is the median unit cost.


Contribute your Thoughts:

0/2000 characters
Son
3 days ago
I think it's B) $48.35.
upvoted 0 times
...
Jacinta
8 days ago
This question is tricky.
upvoted 0 times
...
Angelica
13 days ago
D) feels like a safe bet.
upvoted 0 times
...
Lindy
19 days ago
I hope I calculated right.
upvoted 0 times
...
Owen
24 days ago
B) makes sense based on the range.
upvoted 0 times
...
Chara
29 days ago
I remember the costs were higher.
upvoted 0 times
...
Erick
1 month ago
Median can be confusing.
upvoted 0 times
...
Mariann
1 month ago
I lean towards D) $46.59.
upvoted 0 times
...
Chauncey
1 month ago
A) $48.22 seems too low.
upvoted 0 times
...
Berry
2 months ago
I feel unsure about the data.
upvoted 0 times
...
Aretha
2 months ago
I think it's B) $48.35.
upvoted 0 times
...
Velda
2 months ago
This question is tricky.
upvoted 0 times
...
Nobuko
2 months ago
Are we sure these numbers are accurate?
upvoted 0 times
...
Bev
2 months ago
Wait, I didn't expect the costs to be this high!
upvoted 0 times
...
Elza
3 months ago
The median should be around $48.22 based on the data.
upvoted 0 times
...
Gracia
3 months ago
I disagree, I got $46.59 from my calculations.
upvoted 0 times
...
Leslee
3 months ago
I think the median is $48.35.
upvoted 0 times
...
Ivette
3 months ago
I’m leaning towards option B, $48.35, but I’m not completely confident in my calculations.
upvoted 0 times
...
Delmy
5 months ago
I feel like I’ve seen a similar question before, and I think the median was around $48, but I can’t recall the exact steps we took.
upvoted 0 times
...
Jeannetta
5 months ago
I think the median is the middle value, but I’m a bit confused about how to handle an even number of data points.
upvoted 0 times
...
Aja
5 months ago
I remember we practiced finding the median in class, but I’m not sure if I should arrange the costs in order first.
upvoted 0 times
...

Save Cancel