Question

question
find the median of the following list of prices (in thousands of dollars) of randomly selected sedans at a car dealership.
36, 26, 22, 39, 25, 37, 32, 24, 46, 22, 28
provide your answer below:
median=
thousands of dollars

Explanation:

Step1: Order the data

First, we need to sort the given list of prices in ascending order. The list is: 36, 26, 22, 39, 25, 37, 32, 24, 46, 22, 28. After sorting, we get: 22, 22, 24, 25, 26, 28, 32, 36, 37, 39, 46.

Step2: Find the middle value

The number of data points \( n = 11 \), which is odd. The formula for the position of the median in a sorted list with \( n \) (odd) elements is \( \frac{n + 1}{2} \)-th term. So, \( \frac{11+ 1}{2}=6 \)-th term.
Looking at the sorted list, the 6 -th term is 28.

Answer:

28