Question

find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given question. listed below are selling prices (dollars) of tvs that are 60 inches or larger and rated as a \best buy\ by a population of all tvs that are 60 inches and larger? if you decide to buy one of these tvs, what statistic is most relevant? 1400 1500 1850 1500 1100 1300 1500 1250 1300 1550 1500 1750. a. find the mean. the mean is $ 1458.3 (type an integer or a decimal rounded to one decimal place as needed.) b. find the median. the median is $ (type an integer or a decimal rounded to one decimal place as needed.)

Explanation:

Step1: Arrange data in ascending order

1100, 1250, 1300, 1300, 1400, 1500, 1500, 1500, 1500, 1500, 1550, 1750, 1850

Step2: Calculate the median position

There are \(n = 13\) data - points. The median position is \(\frac{n + 1}{2}=\frac{13+1}{2}=7\)

Step3: Find the median

The 7 - th value in the ordered data - set is 1500.

Answer:

1500