TH Study guides, Class notes & Summaries

What is the Mean, Mode & Median for the data in Column 1, Data Set A? a. Mean = 8.7, Mode = 8, Median = 7 b. Mean = 8.7, Mode = 7, Median = 8 c. Mean = 8, Mode = 8.7, Median = 7 d. Mean = 7, Mode = 7, Median = 8.7 e. Mean = 8, Mode = 8, Median = 7 - Answer B Formula: Mean = Sum(x)/n = 8.7 Mode = Most frequent value = 7 Median = because sample is even (n=50), the median is the average of the (n/2)th and ((n/2)+1)th values in the sorted series = 8 Please reference Quantifying Process Va...

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FIN2601 Assignment 2 | 696209 | (Quiz Answers with calculations) | 29th April 2024 | EXTRA Notes Included!