The mean of the set of numbers that are given in this situation regarding the population will be 1809.33.
<h3>How to solve the mean</h3>
The mean of the numbers will be:
= (1,585 + 1,690 + 1,735 + 1,935 + 2,021 + 1,890) / 6
= 1809.33
The median of the numbers will be:
= (1735 + 1890) / 2
= 1812.50
Also, from the complete question, the first quartile will be 1690 and the third quartile is 1935.
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The purchasing power of Sandra's savings according to the description above has decreased.
<h3>What happens to the purchasing power of Sandra's savings?</h3>
It follows from the task content that Sandra's savings attracted an annual interest rate of 1% while the inflation is 2% per annum. On this note, it follows that Sandra's savings purchasing power has reduced as the prices of commodities have gone up and the interest rate is unable to match it.
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2, 5, 8, 11, 14 is an arithmetic sequence
Answer:
Step-by-step explanation:
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