9. Advertising Spending. Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website). The top 12 com-panies and the amount each spent on advertising in billions of dollars are as follows. Company        Advertising ($billions) Company   Advertising($billions)      Procter & Gamble              $5.00           American Express       $2.19                 Comcast                                3.08           General Motors           2.15 AT&T                                     2.91            Toyota                         2.09 Ford                                      2.56             Fiat Chrysler                1.97 Verizon                                 2.44          Walt Disney Company   1.96 L’Oreal                                  2.34              J.P. Morgan                1.88 a. What is the mean amount spent on advertising? b. What is the median amount spent on advertising? c. What are the first and third quartiles?

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9. Advertising Spending. Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website). The top 12 com-panies and the amount each spent on advertising in billions of dollars are as follows. Company        Advertising ($billions) Company   Advertising($billions)     

Procter & Gamble              $5.00           American Express       $2.19                

Comcast                                3.08           General Motors           2.15

AT&T                                     2.91            Toyota                         2.09

Ford                                      2.56             Fiat Chrysler                1.97

Verizon                                 2.44          Walt Disney Company   1.96

L’Oreal                                  2.34              J.P. Morgan                1.88

a. What is the mean amount spent on advertising?

b. What is the median amount spent on advertising?

c. What are the first and third quartiles?

 

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