Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The table to the right gives the cost of living index (COLI) for six East Coast
counties and six Midwest counties (using an index where 100 represents the
average cost of living for all participating cities with a population of more than
1.5 million). Answer parts (a) through (e) below.
a. Find the mean, median, and range for each of the two data sets.
The mean for the East Coast Counties is
(Type an integer or decimal rounded to two decimal places as needed.)
A
TEOREY
B
с
D
F
East Coast Counties
U
104.7
128.1 V
314,6 W
134.7
5>
SXXN
123.5 Y
141.3
Midwest Counties
96.5
92.7
94.3
87.4
95.6
228.3
n
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