Solution-Which is the better measure of the center-the mean

Which is the better measure of the center-the mean or median

Reference no: EM131643242

Question: 1. In a sample of 60 households, one house is worth $2,500,000. Half of the rest are worth $280,000, and all the others are worth $315,000. Which is the better measure of the "center": the mean or the median?

2. The number of books checked out from the library from 25 students are as follows:

0; 0; 0; 1; 2; 3; 3; 4; 4; 5; 5; 7; 7; 7; 7; 8; 8; 8; 9; 10; 10; 11; 11; 12; 12 Find the mode.

Reference no: EM131643242

Questions Cloud

What did you learn about your own ideology : What information surprised you about American government and why? What did you learn about your own ideology?

What is your budget and how long is the campaign : Demonstrates a thorough understanding of budget management, and how to get the most out of your SEM campaign

Evaluate the annual earnings of workers at a factory : Five credit scores are 680, 680, 700, 720, 720. The data set is bimodal because the scores 680 and 720 each occur twice.

What is the impact on total shareholders equity : Our company had 20,000 shares of common stock outstanding. What is the impact on total shareholders equity

Which is the better measure of the center-the mean or median : In a sample of 60 households, one house is worth $2,500,000. Half of the rest are worth $280,000, and all the others are worth $315,000.

Discuss how the supreme courts powers evolved over time : Identify, define and discuss at least three different institutions that allow the president to take unilateral action that sets public policy in the US.

Explain at least two concepts that were reviewed : Explain at least two concepts that were reviewed in this course that were the most beneficial to you.

Calculate abc companys budgeted accounts receivable : Shown below are the budgeted sales for ABC Company for the next six months: Calculate ABC Company's budgeted accounts receivable at June 30

Calculate the mean and median : The following data show the number of months patients typically wait on a transplant list before getting surgery. The data are ordered from smallest to largest.

User Account

All Pages

Which is the better measure of the center-the mean or median

Reference no: EM131643242

Reference no: EM131643242

Questions Cloud

Reviews

Write a Review

Basic Statistics Questions & Answers

A random sample of discount prices gives the following

Classified ads in newspaper offered for sale 19 used cars

In order to estimate the reliability of a particular system

Probability that single car chosen at random travel tunnel

Construct a confidence interval for the proportion

Find the output psd in terms of the input

Find the probability to select nonconforming container

Solve the helmholtz equation

Find probability that teenage boy has high cholesterol level

Find how many expected to weigh between range

What is the probability density function

What is the probability that the operator will be unable

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT