Listed below are the annual tuition amounts of the 10 most expensive colleges in a country for a recent year. What does this "Top 10" list tell us about the population of all of that country's college tuitions?
51,528
52,549
53,820
50,676
53,621
51,777
51,224
51,369
51,224
52,453
Find the mean, midrange, median, and mode of the data set.
solution:-
mean = 52024.1
explanation:- sum of terms / number of terms
=
(51528+52549+53820+50676+53621+51777+51224+51369+51224+52453)/10
= 52024.1
mid range = 52248
explanation:- (maximum value + minimum value)/2
= (53820 + 50676)/2
= 52248
median = 51652.5
explanation:- The median is the middle number in a sorted list of
numbers
Ordering the data from least to greatest
50676 ,51224, 51224 , 51369, 51528, 51777 ,52453 , 52549, 53621,
53820
median = (51528 + 51777)/2
= 51652.5
mode = 51224
explanation:- The mode of a set of data is the value in the set
that occurs most often.
What does this "Top 10" list tell us about the population of
all of that country's college tuitions?
Nothing meaningful can be concluded from this information
except that these are the largest tuitions of colleges in the
country for a recent year.
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