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17 August, 21:44

Mastery challenge

Below are last week's revenues (in thousands of dollars) for six different Nancy's Noodles location

6.8

3.7

6.6

Find the median revenue.

thousand dollars

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Answers (1)
  1. 17 August, 21:50
    0
    The complete question is;

    Below are last week's revenues (in thousands of dollars) for six different Nancy's Noodles locations. 6, 6.8,3.7,8.1,6.6,7

    Find the median revenue.

    Answer:

    Median = 6.7 thousand dollars

    Step-by-step explanation:

    From the question, the 6 revenues in thousands of dollars are;

    6, 6.8, 3.7, 8.1, 6.6, 7

    To find the median, we need to arrange the terms in ascending order.

    Thus, we have;

    3.7, 6, 6.6, 6.8, 7, 8.1

    Since the number of terms are 6, then the median term is (6 + 1) / 2 = 7/2 = 3.5th term

    To get the 3.5th term, we have to find the average of the 3rd and 4th terms in the series of revenue.

    3rd term = 6.6 and 4th term = 6.8

    Thus, median = (6.6 + 6.8) / 2

    Median = 13.4/2

    Median = 6.7 thousand dollars
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