You have a choice between going to an in-state college where you would pay $7000 per year for tuition and an out-of-state colleg
e where the tuition is $10,500 per year. The cost of living is much higher at the in-state college
where you can expect to pay $1000 per month in rent compared to $750 per month at the other college Assuming all other factors are equal, which is the less expensive choice on an annual (12 month) basis?
where you can expect to pay $1000 per month in rent compared to $750 per month at the other college Assuming all other factors are equal, which is the less expensive choice on an annual (12 month) basis?
1 answer:
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Answer:
Mean. It includes all data points.
Step-by-step explanation:
-We first need to calculate the mean, median and mode then compare our values:
#Mean:
#The median is the middlemost data point in a lsit data:
778,783,784,786,790,804,807,810,819,823
-Since our data points is an even number, the median number is calculated as:
#Mode is the data point with the highest frequency:
-Since there's no number appearing more than once, our set has no mode.
#Since our data set has no outliers and is not a skewed distribution, the mean will be the best measure as it includes all data points