The mean can be used to get an. |Daily Demand (y)| Unit Price (x) |47| 1 |39| 3 |35| 5 |44| 3 |34| 6 |20| 8 |15| 16 |30| 6 a) What is the median of the sample data co. Find the range of the following data set that represents the incomes (in thousand of dollars) of 20 employees at an engineer firm: 50, 48, 46, 59, 44, 43, 35, 59, 48, 53, 46, 59, 52, 48, 51, 59, 53, 51, 53, 52. Round to three decimal places. x (centered . Describe the shape of the data. Press 1:1-VarStats. A computer systems retailer wishes to compare the average monthly sales of its servers with Intel and AMD multi-core processors. The median is the better measure of the center than the mean because 59 of the values are $280,000 and one is $2,500,000. In skewed distributions, more values fall on one side of the center than the other, and the mean, median and mode all differ from each other. Does the median represent the center of the data? e. The data set does not have a median. When analyzing datasets, were often interested in understanding where the center value is located. 1 0345 O C. The median does not represent the center because it is the greatest data entry. The median is important because it gives us an idea of where the center value is located in a dataset. The mean in math and statistics summarizes an entire dataset with a single number representing the data's center point or typical value. D. The mean does not represent the center because it is not a data value. Find the mode. One of the biggest factors in determining the value of a home is the square footage. The mean is the best estimate for the actual data set, but the median is the best measurement when a data set contains several outliers or extreme values. Learn how to find the mean, median, mode and range in a data set, how each is used in math and view examples. C. The mean does not represent the center because it is not a data value. Choose the correct answer below. The two most widely used measures of the "center" of the data are the mean (average) and the median. Complete parts (a) and (b). 23689 The mode will tell you the most frequently occuring datum (or data) in your data set. Find the mean, median, and mode of the data, if possible. If any of Choose the correct answer below. The median cannot be calculated because the data are at the nominal level of measurement. mean and median are equal; both located at the center of the distribution; 68 % \approx68\% 6 8 % approximately equals, 68, percent of the data falls within 1 1 1 1 standard deviation of the mean; 95 % \approx95\% 9 5 % approximately equals, 95, percent of the data falls within 2 2 2 2 standard deviations of the mean
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