Five surf shops sell the same pair of flip-flops for the following prices: $17.00, $15.50, $15.00, $18.00, $15.00. Find the mean
, median, and mode of the data to determine which measure of center and which measure of variability best describe the data. The mean is $
. The median is $
. The mode is $
.
The
best describes the data, so the
is the better measure of variability.
The mode best describes the data, so the mean is the better measure of variability.
Step-by-step explanation:
How to find the mean:
Add up each value on the data set, then divide it by the number of values on the data set. (Example: $17.00 + $15.50+$15.00+$18.00+$15.00= 80.5/5=16.1)
How to find the median: Order your values from least to greatest, then find the value in the center.
How to find mode: Look for the most frequent value in the data set. What value shows up the most?