Which companies spend the most money on advertising? A news website maintains a list of the...

Which companies spend the most money on advertising? A news website maintains a list of the top-spending companies. In 2014, Company A spent more than any other company, a whopping $5.10 billion. In second place was Company B, which spent $3.18 billion. The top 12 companies and the amount each spent on advertising in billions of dollars are as follows.

Company	Advertising ($ billions)	Company	Advertising ($ billions)
A	5.10	G	1.79
B	3.18	H	2.05
C	3.11	I	1.59
D	2.16	J	2.27
E	2.84	K	2.46
F	2.44	L	2.38

(a)

What is the mean amount (in billion dollars) spent on advertising? (Round your answer to two decimal places.)

$ billion

(b)

What is the median amount (in billion dollars) spent on advertising?

$ billion

(c)

What are the first and third quartiles (in billion dollars)?

first quartile$ billionthird quartile$ billion

Expert Solution

orchestra answered 3 years ago

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