The mean is $1.60 greater than the median.
Explanation:
Here, the given data is : 896, 925, 880, 963, 914.
Calculating mean of the given data: MEAN =

=

Hence, the mean of the given data is $ 915.6
Now, for median, arrange the data in the ascending order.
880, 896, 914 ,925, 963 is the ascending order.
Here, 914 is the MIDDLE TERM.
Hence, MEDIAN of the given data is $ 914.
By comparing mean = $ 915.6 and median = $ 914, we can see that
The mean is $1.60 greater than the median.