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5 August, 07:45

3. The two data sets show random samples of the costs, in dollars, of cars purchased at two dealerships yesterday.

Dealership 1: 25,000, 42,000, 37,000, 45,000 120,000

Dealership 2: 28,000, 95,000, 18,000, 19,000, 33,000

(a) What are the mean and the median of each data set?

(b) Which measure of center will provide the most accurate estimate of the costs of cars purchased at the two dealerships?

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Answers (2)
  1. 5 August, 08:04
    0
    (a) Mean of Dealership 1: 53800

    Median of Dealership 1: 42000

    Mean of Dealership 2: 38600

    Median of Dealership 2: 28000

    (b) the median because there are outliers
  2. 5 August, 08:14
    0
    (a) The Mean of Dealership 1: 53,800

    The Median of Dealership 1: 42,000

    The Mean of Dealership 2: 38,600

    The Median of Dealership 2: 28,000

    (b) the median is the most reliable because there are outliers involved in the question
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