SOLUTION: Suppose that the distribution of grocery purchases is thought to be symmetric. If the mean purchase is $23.14, what would the median purchase be?
Algebra.Com
Question 1203145: Suppose that the distribution of grocery purchases is thought to be symmetric. If the mean purchase is $23.14, what would the median purchase be?
Answer by jekoishun(6) (Show Source): You can put this solution on YOUR website!
In a perfectly symmetric distribution, the mean and the median are the same. This is because the mean is calculated as the sum of all values divided by the number of values, and the median is the middle value when all values are ordered. In a symmetric distribution, these two measures coincide because the distribution is balanced: it has the same amount of values above and below the mean, which is also the median.
Therefore, if the distribution of grocery purchases is symmetric and the mean purchase is $23.14, the median purchase would also be $23.14.
RELATED QUESTIONS
According to the WHO MONICA Project the mean blood pressure for people in China is 128... (answered by Boreal)
grocery bag can be classified as either paperpaper or plasticplastic. Suppose that... (answered by ikleyn)
Let X be the variable that represents the height of the individuals of a given... (answered by Boreal)
If you want to estimate the mean amount of money spent by car owners on their last car... (answered by stanbon)
The average age for employees at an amusement park is 24 years old with a standard... (answered by ViviNH14)
Suppose that the Annual fee for a warehouse club membership is $50 and that the reward... (answered by solver91311)
Suppose that the annual fee for a warehouse club
membership is $50 and that the reward... (answered by ewatrrr)
A company is studying the number of daily debit card purchses. If there were 20 purchases (answered by stanbon)
A popular retail store knows that the purchase amounts by its customers is a random... (answered by FrankM)