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? 250 195 180 170 165 165 160 160 160 160 a. Find the mean. The mean is S million. (Type an integer or a decimal rounded to one decimal place as needed.) b. Find the median. The median is Smillion. (Type an integer or a decimal rounded to one decimal place as needed.) c. Find the mode. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The mode(s) is (are) $ million. (Type an integer or a decimal. Do not round. Use. comma to separate answers as needed.) C

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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The midrange is $
million.
(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?
O A.
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.
O B.
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).
O C.
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.
O D. 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 p
the most common celebrity net worth is equal to the mode.
Based on the nature of the amounts, what can be inferred about their precision?
O A.
The values all end in 0 or 5, so they appear to be rounded estimates.
O B.
Since no information is given, nothing can be said about the precision of the given values.
The values are all whole numbers, so they appear to be accurate to the nearest whole number.
O C.
O D. Since celebrity information is public, these values can be assumed to be unrounded.
Transcribed Image Text:The midrange is $ million. (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? O A. 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. O B. 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). O C. 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. O D. 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 p the most common celebrity net worth is equal to the mode. Based on the nature of the amounts, what can be inferred about their precision? O A. The values all end in 0 or 5, so they appear to be rounded estimates. O B. Since no information is given, nothing can be said about the precision of the given values. The values are all whole numbers, so they appear to be accurate to the nearest whole number. O C. O D. Since celebrity information is public, these values can be assumed to be unrounded.
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?
250 195 180 170 165 165
160
160 160 160₁
a. Find the mean.
The mean is $ million.
(Type an integer or a decimal rounded to one decimal place as needed.)
b. Find the median.
The median is $
million.
(Type an integer or a decimal rounded to one decimal place as needed.)
c. Find the mode.
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
OA. The mode(s) is (are) $
million.
(Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.)
O B. There is no mode.
d. Find the midrange.
The midrange is $ million.
C
Transcribed Image Text: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? 250 195 180 170 165 165 160 160 160 160₁ a. Find the mean. The mean is $ million. (Type an integer or a decimal rounded to one decimal place as needed.) b. Find the median. The median is $ million. (Type an integer or a decimal rounded to one decimal place as needed.) c. Find the mode. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The mode(s) is (are) $ million. (Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.) O B. There is no mode. d. Find the midrange. The midrange is $ million. C
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