Question

find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions. listed below are selling prices (dollars) of tvs that are 60 inches or larger and rated as a \best buy\ by a popular ma population of all tvs that are 60 inches and larger? if you decide to buy one of these tvs, what statistic is most relev 1400 1500 1850 1500 1100 1300 1500 1250 1300 1550 1500 1750 (type an integer or a decimal rounded to one decimal place as needed.) c. find the mode. select the correct choice below and, if necessary, fill in the answer box to complete your choice. the mode(s) is(are) $ 1500. (type an integer or a decimal. do not round. use a comma to separate answers as needed.) b. there is no mode d. find the midrange. the midrange is $ . (type an integer or a decimal rounded to one decimal place as needed.)

Explanation:

Step1: Identify the formula for mid - range

The mid - range is calculated as $\frac{\text{Maximum value}+\text{Minimum value}}{2}$.

Step2: Find the maximum and minimum values

The given data set is $1400, 1500, 1850, 1500, 1100, 1300, 1500, 1250, 1300, 1550, 1500, 1750$. The minimum value is $1100$ and the maximum value is $1850$.

Step3: Calculate the mid - range

Mid - range=$\frac{1100 + 1850}{2}=\frac{2950}{2}=1475$

Answer:

$1475.0$