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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?

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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

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Eliz
3 months ago
I'm not sure, but I think it might be $46.59 based on the data provided.
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Charlene
3 months ago
I believe it's $48.35 because it seems to be the middle value in the table.
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Lazaro
3 months ago
I think the median unit cost is $48.22.
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Rosalind
3 months 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.
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Rosendo
2 months ago
I agree, option D seems like the most reasonable choice based on the data.
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Christa
2 months ago
I think the median unit cost is $46.59.
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Kathryn
3 months 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.
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Bulah
2 months ago
Arthur: I think I'll go with option D) $46.59, it seems like a good middle ground.
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Goldie
2 months ago
User 3: Yeah, option C) $40.00 does seem like a joke. I think option A) $48.22 is more reasonable.
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Arthur
2 months ago
User 2: I agree, it's definitely not realistic. I would go with option B) $48.35 instead.
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Merlyn
3 months ago
User 1: I know right, $40.00 seems way too low to be the median unit cost.
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Rosamond
3 months 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?
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Aracelis
3 months ago
Option B seems legit, the data looks pretty straightforward. $48.35 is the median, no doubt.
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Ashlyn
2 months ago
The median unit cost is indeed $48.35, option B is the correct answer.
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Adelaide
2 months ago
I agree, option B is the most accurate choice based on the data provided.
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Keneth
2 months ago
Yeah, the data is pretty clear, $48.35 is definitely the median.
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Misty
3 months ago
I think you're right, option B does seem like the median unit cost.
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