Consider a sample with data values of 10, 20, 12, 17, and 16. Round your answers to the nearest whole number. Compute the mean. Compute the median.

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Consider a sample with data values of 10, 20, 12, 17, and 16. Round your answers to the nearest whole number.
Compute the mean.
Compute the median.
Transcribed Image Text:Consider a sample with data values of 10, 20, 12, 17, and 16. Round your answers to the nearest whole number. Compute the mean. Compute the median.
Expert Solution
Step 1: Introduce the given information

Given data values in ascending order-

10, 12, 16, 17, 20

Sample size, n = 5

Using formulas,

M e a n equals fraction numerator S u m space o f space t h e space o b s e r v a t i o n s over denominator T o t a l space n u m b e r space o f space o b s e r v a t i o n end fraction

M e d i a n equals open square brackets fraction numerator n plus 1 over denominator 2 end fraction close square brackets to the power of t h end exponent space t e r m (Since, n is odd)

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