The following are the annual incomes (in thousands of dollars) for 8 randomly chosen, U.S. adults employed full-time.64, 52, 64, 86, 40, 49, 64, 73 (a) What is the median of this data set? If your answer is not an integer, round your answer to one decimal place. (b) What is the mean of this data set? If your answer is not an integer, round your answer to one decimal place. (c) How many modes does the data set have, and what are their values? Indicate the number of modes by clicking in the appropriate circle, and then indicate the value(s) of the mode(s), if applicable. zero modes one mode: two modes: and

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Answered: The following are the annual incomes…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.5: Comparing Sets Of Data

Problem 26PFA

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The following are the annual incomes (in thousands of dollars) for 8 randomly chosen, U.S. adults employed full-time.

64, 52, 64, 86, 40, 49, 64, 73

(a) What is the median of this data set? If your answer is not an integer, round your answer to one decimal place.
(b) What is the mean of this data set? If your answer is not an integer, round your answer to one decimal place.
(c) How many modes does the data set have, and what are their values? Indicate the number of modes by clicking in the appropriate circle, and then indicate the value(s) of the mode(s), if applicable.	zero modes
one mode:
two modes:	and

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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