Last year, Ahmad opened an investment account with $5400. At the end of the year, the amount in the account had increased by 7.5
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The mean of a dataset is the sum of all data elements divided by the count of the elements.
The location of the 6th score relative to the mean is 5 points below the mean
Let:
<em> Mean</em>
<em> 5 scores</em>
<em> 6th scores</em>
Given that:
The 5 scores that are 1 above the mean implies that:
The mean of a dataset is calculated using:
So, we have:
Open brackets
Multiply both sides by 6
Make b the subject
This means that the 6th score is 5 points below the mean
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