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

- Free Preparation Discussions

AACE International Exam CCP Topic 4 Question 23 Discussion

Actual exam question for AACE International's CCP exam

Question #: 23
Topic #: 4

[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?

A$48.22

B$48.35

C$40.00

D$46.59

Show Suggested 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.

by Asarudeen at Feb 14, 2025, 05:29 PM

Limited Time Offer

25%

Off

Get Premium CCP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Eliz

10 days ago

I'm not sure, but I think it might be $46.59 based on the data provided.

upvoted 0 times

...

Charlene

11 days ago

I believe it's $48.35 because it seems to be the middle value in the table.

upvoted 0 times

...

Lazaro

13 days ago

I think the median unit cost is $48.22.

upvoted 0 times

...

Rosalind

14 days ago

I'm going with option D. $46.59 seems like a reasonable median based on the information provided. Though I do wonder why the unit costs are in increments of $0.13. Weird, but I'll go with it.

upvoted 0 times

...

Kathryn

22 days ago

Haha, the person who came up with option C must be a real comedian. $40.00 as the median? That's about as realistic as a unicorn riding a flying saucer.

upvoted 0 times

Arthur

1 days ago

User 2: I agree, it's definitely not realistic. I would go with option B) $48.35 instead.

upvoted 0 times

...

Merlyn

12 days ago

User 1: I know right, $40.00 seems way too low to be the median unit cost.

upvoted 0 times

...

...

Rosamond

29 days ago

Hmm, I'm not so sure. The data looks a bit suspicious to me. How can the median be exactly $40.00? That's a little too round, don't you think?

upvoted 0 times

...

Aracelis

1 months ago

Option B seems legit, the data looks pretty straightforward. $48.35 is the median, no doubt.

upvoted 0 times

Misty

9 days ago

I think you're right, option B does seem like the median unit cost.

upvoted 0 times

...

...