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Nia found the falling prices for short $25 $20 $19 $20 $18 $19 and $32 and $29 find the mean median and mode for the prices

User LaborEtArs
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1 Answer

2 votes

Answer:

Mean = $22.75

Median = $20

Mode = $19 and $20

Explanation:

Mean is the average. It's the numbers added together and then divided by the number of numbers.


\displaystyle (\$25 +\$20 +\$19+ \$20+ \$18 +\$19 +\$32 +\$29)/(8)


\displaystyle (\$182)/(8)

$22.75

Median is the number in the middle when the numbers are put in order from least to greatest.

$25, $20, $19, $20, $18, $19, $32, $29

$18, $19, $19, $20, $20, $25, $29, $32

---, $19, $19, $20, $20, $25, $29, ---

---, ---, $19, $20, $20, $25, ---, ---

---, ---, ---, $20, $20, ---, ---, ---

$20

Lastly, the mode is the number that appears most often. Both $19 and $20 show up twice. This gives us $19 and $20 as the mode.

User Arcenio
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