answer the question below. type your response in the space provided.\nthe daily wages paid to five workers…

answer the question below. type your response in the space provided.\nthe daily wages paid to five workers are $25, $40, $65, $55, and $50. what is the mean absolute deviation of this data set? round your answer to one decimal point if necessary.

answer the question below. type your response in the space provided.\nthe daily wages paid to five workers are $25, $40, $65, $55, and $50. what is the mean absolute deviation of this data set? round your answer to one decimal point if necessary.

Answer

Answer:

11.6

Explanation:

Step1: Calculate the mean

$\text{Mean} = \frac{25 + 40 + 65 + 55 + 50}{5} = \frac{235}{5} = 47$

Step2: Find absolute deviations

$|25-47|=22$, $|40-47|=7$, $|65-47|=18$, $|55-47|=8$, $|50-47|=3$

Step3: Calculate MAD

$\text{MAD} = \frac{22 + 7 + 18 + 8 + 3}{5} = \frac{58}{5} = 11.6$