Answer:
The price of the stock is now $5.60
Step-by-step explanation:
$5.25 - $3.75 = $1.50
$1.50 + $1.85 + $2.25 = $5.60
Answer: 5425
Step-by-step explanation:
Answer:
Example: the median is not affected by very large or very small values (outliers).
Step-by-step explanation:
Suppose my income for 5 months is $1000, $1500, $1550, $2000, $90,000. (I hit the lottery in the last month!).
The median is the number in the middle: $1550. That $90,000 would increase the <u>mean</u> ("average") by a lot, but the median is unchanged.
If a newspaper story reports the median house price in a neighborhood is $93,000, that million dollar mansion on the corner won't change the median. Half the prices are less than $93,000 and half are greater.