Homework SourseFind the mean median and mode of the following Presto Printi
Find the mean, median and mode of the following:
Presto Printing Company sales for the month of February.
(NOTE: The company is closed on Sundays.)
February 2: $4,694
February 3: $5,954
February 4: $3,309
February 5: $3,106
February 6: $7,124
February 7: $2,149
February 9: $3,123
February 10: $4,128
February 11: $3,198
February 12: $2,198
February 13: $7,287
February 14: $1,123
February 16: $4,598
February 17: $3,987
February 18: $3,099
February 19: $3,098
February 20: $5,980
February 21: $3,209
February 23: $6,531
February 24: $3,098
February 25: $4,598
February 26: $4,873
February 27: $9,876
February 28: $5,878
Show your work:
| February 2: $4,694 February 3: $5,954 February 4: $3,309 February 5: $3,106 February 6: $7,124 February 7: $2,149 February 9: $3,123 February 10: $4,128 | February 11: $3,198 February 12: $2,198 February 13: $7,287 February 14: $1,123 February 16: $4,598 February 17: $3,987 February 18: $3,099 February 19: $3,098 | February 20: $5,980 February 21: $3,209 February 23: $6,531 February 24: $3,098 February 25: $4,598 February 26: $4,873 February 27: $9,876 February 28: $5,878 |
Solution
Number of working days = 24
Mean Calcuation
Sum = 4694 + 5954 + 3309 + 3106 + 7124 + 2149 + 3123 + 4128 + 3198 + 2198 + 7287 + 1123 + 4598 + 3987 + 3099 + 3098 + 3209 + 6531 +3098 + 4598 + 4873 + 9876 + 5878
=> $106218
Mean = Sum/24 = 106218/24 = $4425.75
Mode is the maximum number of same entries that occured in the dataset. There are two modes in the following dataset
3098 occured two times and 4598 two times, hence there are two modes of this dataset
For finding the median sort the array and find the nth and (n+1)th element for n=even i.e. 24 observations in our case
Median = (12th + 13th)/2 = $4057.5
