Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questionsListed below are the highest amounts of net worth (in millions of dollars) of all celebrities. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision?275, 200, 185, 165 ,160, 160, 145, 145, 145, 145 Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions.Listed below are the highest amounts of net worth (in millions of dollars) of all celebrities. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred abouttheir precision?275 200 185 165 160 160145 145 145 145(type an integer or a decimal rounded to one decimal place as needed.)e. What do the results tell us about the population of all celebrities?COA. The results tell us that the most common celebrity net worth is the mode, but all other celebrities are expected to have net worths approximately equal to the mean, median, or midrange.OB. The results tell us that all celebrities are expected to have amounts of net worth approximately equal to one of the measures of center found in parts (a) through (d).OC. Apart from the fact that all other celebrities have amounts of net worth lower than those given, the results in parts (a), (b), and (d) do not given meaningful results. However, the result from part (c) shows that themost common celebrity net worth is equal to the mode.OD. Apart from the fact that all other celebrities have amounts of net worth lower than those given, nothing meaningful can be known about the population.Based on the nature of the amounts, what can be inferred about their precision?OA. The values all end in 0 or 5, so they appear to be rounded estimates.OB. The values are all whole numbers, so they appear to be accurate to the nearest whole number.OC. Since celebrity information is public, these values can be assumed to be unrounded.O D. Since no information is given, nothing can be said about the precision of the given values.

“Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts for you. To get the remaining sub-part solved please repost the complete question and mention the sub-parts to be solved.” Given: n = 10 Formula Used: Mean X = ∑Xin Median = 2(n+1)4thterm Mode = The value that appears most frequently in a given data set.Explanation: a). Mean X = ∑Xin= 275+200+185+.................+14510= 172510= 172.5 b). Arrange the data in ascending order: 145 145 145 145 160 160 165 185 200 275 Median = 2(n+1)4thterm= 2(10+1)4thterm= (5.5)thterm = 5thterm+0.56thterm-5thterm= 160 + 0.5160-160= 160 c). Mode = The value that appears most frequently in a given data set. Since the value 145 appears most frequently in the data set. Hence, the mode is = 145 Answer: a). Mean = 172.5 b). Median = 160 c). The mode is = 145

Answered: Find the (a) mean, (b) median, (c)…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions Listed below are the highest amounts of net worth (in millions of dollars) of all celebrities. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision? 275, 200, 185, 165 ,160, 160, 145, 145, 145, 145

Definition Definition Measure of central tendency that is the value that occurs most frequently in a data set. A data set may have more than one mode if multiple categories repeat an equal number of times. For example, in a data set with five item—3, 5, 5, 29, 473—the mode is 5 because it occurs twice and no other value occurs more than once. On a histogram or bar chart, the element with the highest bar represents the mode. Therefore, the mode is sometimes considered the most popular option. The mode is useful for nominal or categorical data (e.g., the most common color car that users purchase), but it is problematic for continuous data because it is more likely not to have any value that is more frequent than the other.

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