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Calculate the mean, median, mode, and range for the following Sales data: 1,700, 2,200, 2,400, 2,900, 1,800, 3,700, 1,200, 2,300, 600, 1,600, 2,000, 3,900, 1,100, 1,700, 2,900, 2,900, $2,900
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5 stepsOkay, James, let's complete Question #1 using your re-arranged data.
Question #1)
Calculate the mean, median, mode, and range for the following sales data:
$1700; $2200; $2400; $2900; $1800; $3700; $1200; $2300; $600; $1600; $2000; $3900; $1100; $1700; $2900; $2900; $2900.
Use the ordered data.
You've correctly re-arranged the sales data in ascending order:
1100, 1600, 1700, 2000, 2300, 2900, 2900, 3700, n=17$ data points.Calculate the mean.
The mean is the sum of all values divided by the number of values.
The mean is
\boxed{\mathbf{\2211.76}}$.Calculate the median.
Since there are 17 data points (an odd number), the median is the -th value in the ordered list.
Counting to the 9th value in your ordered list:
.
The 9th value is \boxed{\mathbf{$2200}}$.Calculate the mode.
The mode is the value that appears most frequently in the dataset.
In your ordered list, the value \boxed{\mathbf{$2900}}$.Calculate the range.
The range is the difference between the maximum and minimum values in the dataset. The range is
\boxed{\mathbf{\3300}}$.
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