mr. walker is looking at the fundraiser totals for the last five years. how does the mean of the totals…

mr. walker is looking at the fundraiser totals for the last five years. how does the mean of the totals compare to the median? yearly fundraiser totals year total 1 $896 2 $925 3 $880 4 $963 5 $914 the median is $1.60 greater than the mean. the mean is $1.60 greater than the median. the median is $2.82 greater than the mean. the mean is $2.82 greater than the median.
Answer
Explanation:
Step1: Calculate the mean
The mean $\bar{x}=\frac{896 + 925+880+963+914}{5}=\frac{4578}{5}=915.6$.
Step2: Arrange data in ascending - order
The data in ascending - order is $880,896,914,925,963$.
Step3: Find the median
Since there are 5 data points (an odd number), the median is the middle - value, which is $914$.
Step4: Compare mean and median
The difference between the mean and the median is $915.6−914 = 1.6$. So the mean is $1.60$ greater than the median.
Answer:
The mean is $1.60$ greater than the median.