Question
In: Math
The table below gives the net worth of the first 13 U.S. Presidents as measured in...
The table below gives the net worth of the first 13 U.S. Presidents as measured in millions of 2010 dollars (that just means the numbers have been adjusted for inflation). President Washington Adams Jefferson Madison Monroe Adams Jackson Van Buren Harrison Tyler Polk Taylor Fillmore Net Worth $525 $19 $212 $101 $27 $21 $119 $26 $5 $51 $10 $6 $4 Determine the following for this data set. Round to one decimal place, as necessary. Mean. Median. Mode Midrange Range Standard Deviation
Solutions
Expert Solution
We will arrange the numbers in increasing order first
4,5,6,10,19,21,26,27,51,101,119,212,525
Total 13 numbers are there
- Mean = Sum of number set / Total numbers
Mean =(4+5+6+10+19+21+26+27+51+101+119+212+525)/13
Mean = $ 86.6
- Meadian is the number in the middle when the number set in ascending order
Meadian = $ 26
- Mode is the number that is repeated more often than any other
Mode = none here
- Range =Largest value-Smallest value
Range = 525-4 =521
Range is $ 521
- Midrange = (Maximum value + Minimum value)/2
Midrange =(525+4)/2 = 264.5
Midrange is $ 264.5
- Standared deviation =
=86.6
Standared deviation is $139.3
milcah answered 1 year agoRelated Solutions
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