Answer:
a) We can calculate the mean with the following formula:

And replacing we got:

And for the median first we need to order the dataset on increasing way:
50, 60, 65, 70, 350
Since the sample size is an odd number we can calculate the median as the middle position for the dataset, for this case the 3th position and we got:
Median = 65
b) For this case we can see that we have an outlier present in the data 350, and for this case if we want to give a measure of central tendency is better use the median since this meaure is not affected by outliers. So Lauren should use the median.
Step-by-step explanation:
For this case we have the following data:
350, 70, 65, 50, 60
Part a
We can calculate the mean with the following formula:

And replacing we got:

And for the median first we need to order the dataset on increasing way:
50, 60, 65, 70, 350
Since the sample size is an odd number we can calculate the median as the middle position for the dataset, for this case the 3th position and we got:
Median = 65
Part b
For this case we can see that we have an outlier present in the data 350, and for this case if we want to give a measure of central tendency is better use the median since this meaure is not affected by outliers. So Lauren should use the median.
Answer:
tsu and hgi
Step-by-step explanation:
Answer:
sorry but this question does not make any sense try rewording it
Step-by-step explanation:
Answer:
If you meant median, the median would be the data in the middle.
Step-by-step explanation:
In this case, 1-2-3-4-5 (here) 6-7-8-9-10
5.5 would be in the middle because there is an even amount of numbers.
Answer:
$95.5090 must be deposited monthly
Step-by-step explanation:
From the information given:
The annual interest rate (r) = 4.2% = 0.042
Let assume that an amount Y is deposited, then after one month, it will increase to:

The total amount after 4 years will be:


Using the sum of a geometric progression:


The above amount is then equal to $5000
i.e

