mr. walker is looking at the fundraiser totals for the last five years.\nyearly fundraiser totals\n| year |…

mr. walker is looking at the fundraiser totals for the last five years.\nyearly fundraiser totals\n| year | total |\n| ---- | ---- |\n| 1 | $896 |\n| 2 | $925 |\n| 3 | $880 |\n| 4 | $963 |\n| 5 | $914 |\nhow does the mean of the totals compare to the median?\nthe median is $1.60 greater than the mean.\nthe mean is $1.60 greater than the median.\nthe median is $2.82 greater than the mean.\nthe mean is $2.82 greater than the median.
Answer
Explanation:
Step 1: List and sort the totals
$880, 896, 914, 925, 963$ (sorted).
Step 2: Calculate the median
Median is the middle value: $914$.
Step 3: Calculate the mean
Sum: $880 + 896 + 914 + 925 + 963 = 4578$. Mean: $\frac{4578}{5} = 915.6$.
Step 4: Find the difference
Mean - Median: $915.6 - 914 = 1.6$.
Answer:
The mean is $1.60 greater than the median. (Corresponding to the second option: The mean is $1.60 greater than the median.)