Question

Find the (a) mean, (b) median, (c) mode.

Listed below are the highest amounts of net worth (in millions
of dollars) of all celebrities. What do the results tell us about
the population of all celebrities? Based on the nature of the
amounts, what can be inferred about their precision?
240 190 175 155 150 150 130 130 130 130
The mean is $ type your answer...
million. The median is $
type your answer...
million and the mode is $
type your answer...
million.

Answer 1

Answer: (a) mean is $158 (b) median is $150 (c) mode is $130

Explanation:

Arrange the series:

130 130 130 130 150 150 155 175 190 240

`\displaystyle\\Mean=(130*4+150+2+155+175+190+240)/(10) \\\\Mean=(1580)/(10) \\\\Mean=158\\\\Median=(150+150)/(2) \\\\Median=(300)/(2) \\\\Median=150\\\\Mode=130`

Answer 2

Answer: Mean = 158 - Median = 158 - Mode = 130