find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given…

find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions. listed below are selling prices (dollars) of tvs that are 60 inches or larger and rated as a \best buy\ by a popular magazine. are the resulting statistics representative of the population of all tvs that are 60 inches and larger? if you decide to buy one of these tvs, what statistic is most relevant, other than the measures of central tendency? 1950 1100 1050 1100 1250 1200 1100 1850 1200 1500 1100 1750 a. find the mean. the mean is $ . (type an integer or a decimal rounded to one decimal place as needed.)

find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions. listed below are selling prices (dollars) of tvs that are 60 inches or larger and rated as a \best buy\ by a popular magazine. are the resulting statistics representative of the population of all tvs that are 60 inches and larger? if you decide to buy one of these tvs, what statistic is most relevant, other than the measures of central tendency? 1950 1100 1050 1100 1250 1200 1100 1850 1200 1500 1100 1750 a. find the mean. the mean is $ . (type an integer or a decimal rounded to one decimal place as needed.)

Answer

Explanation:

Step1: Calculate sum of data

$1950 + 1100+1050 + 1100+1250+1200+1100+1850+1200+1500+1100+1750=16250$

Step2: Divide by number of data points

There are 12 data - points. Mean = $\frac{16250}{12}\approx1354.2$

Answer:

$1354.2$