Step-by-step explanation:
The following prices for the same make and model used guitar for his work are :
$699.20,$700.30,$680.50,$700.30, and $800.25.
Mean of ungrouped data = sum of observations/total no of observations
For median, arrange the given data in ascending order.
$680.50, $699.20, $700.30, $700.30, $800.25
Median = middle value
Median = $700.30
The value that comes most often is called mode.
$700.30 comes two times. So, mode is $700.30
Hence, Mean = $716.11, median = $700.30 and mode = $700.30