Question

This chart shows the top five salaries for the Los Angeles Dodgers in 2015. Find the mean and mean absolute value of this set of data. Then, explain what the mean absolute value means within this situation.

Chart⇣
Top Five Salaries
(In millions of dollars)
28
21.8
21.1
19
15.5

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Answer 1

21.08

Explanation:

Mean = {Sum of the terms} ÷ {the number of terms}

5 terms 28, 21.8,21.1,19, and 15.5.

Add those which is your sum.

28+21.8+21.1+19+15.5=105.4

So what you do is what i said above which is {Sum of the terms} ÷ {the number of terms}

So.....

105.4 ÷ 5 = 21.08 and that is the answer.