SOLUTION: Jose has savings accounts for each of his five children. They contain $215, $156, $318, $75, and $25. Find the median and the mean amount of money per account.

Question 62701: Jose has savings accounts for each of his five children.
They contain $215, $156, $318, $75, and $25. Find the median and the mean
amount of money per account.
Found 2 solutions by checkley71, joyofmath:
Answer by checkley71(8403) (Show Source): You can put this solution on YOUR website!
FIRST ARRANGE THESE VALUES SMALLEST TO LARGEST THUS:
25,75,156,215,318 NOW ADD ALL THESE VALUES AND DIVIDE BY 5 TO GET THE MEAN
(25+75+156+215+318)/5=789/5=$157.80 IS THE MEAN OR AVERAGE.
THE MEDIAN IS THE MIDDLE NUMBER WHICH IS $156.00.
Answer by joyofmath(189) (Show Source): You can put this solution on YOUR website!
Jose has savings accounts for each of his five children.
They contain $215, $156, $318, $75, and $25. Find the median and the mean
amount of money per account.
The median is the middle number after the numbers are listed in numerical order.
The median of $25, $75, $156, $215, and $318 is the 3rd number or $156.
The mean is the average. That's what you get when you add up the numbers and divide the total by 5.
The nean of $25, $75, $156, $215, and $318 = = $157.80.
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