do fast Approximate the measures of center for following GFDT.FrequencyData40-441045-492150-541255-59860-64465-69770-74275-79080-841mode =medianmean =(round to 2 decimal place)[Hint: Use the midpoint of each interval as the data point]E

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Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Approximate the measures of center for following GFDT. Frequency Data 40-44 10 45-49 21 50-54 12 55-59 8 60-64 4 65-69 7 70-74 2 75-79 0 80-84 1 mode = median mean = (round to 2 decimal place) [Hint: Use the midpoint of each interval as the data point] E