SOLUTION: You have collected the following cost data on 5 personnel shelters: $7449; $3750; $6999; $5850; and $4455. Based on this information, you could say:
The mean cost is
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Probability-and-statistics
-> SOLUTION: You have collected the following cost data on 5 personnel shelters: $7449; $3750; $6999; $5850; and $4455. Based on this information, you could say:
The mean cost is
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Question 722143: You have collected the following cost data on 5 personnel shelters: $7449; $3750; $6999; $5850; and $4455. Based on this information, you could say:
The mean cost is $5701. Half the costs are above this value and half below.
The median cost is $6999. Half the costs are above this value and half below.
The median cost is $5850. Half the costs are above this value and half below.
The median cost is $5701. Half the costs are above this value and half below.
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