Listed below are the annual tuition amounts of the 10 most expensive colleges in a country for a recent year. What does this "Top 10" list tell us about the population of all of that country's college tuitions? $52,768 $52,184 $52,768 $53,626 $50,815 O $50,918 $52,471 $53,616 $52,874 $53,847 The mean of the data set is $ (Round to two decimal places as needed.) The midrange of the data set is $ (Round to two decimal places as needed.) The median of the data set is $. (Round to two decimal places as needed.) What is (are) the mode(s) of the data set? Select the correct choice below and, if necessary, fill in the answer box within your choice. O A. The mode(s) of the data set is (are) $ (Use a comma to separate answers as needed. Round to two decimal places as needed.) O B. There is no mode. What does this "Top 10" list tell us about the population of all the country's college tuitions? O A. All colleges have tuitions around the median. O B. All colleges have tuitions around the mode. O C. All colleges have tuitions around the mean. O D. All colleges have tuitions around the midrange. O E. Nothing meaningful can be concluded from this information except that these are the largest tuitions of colleges in the country for a recent year.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

For this question i just need the modes and the "What does this "Top 10" list tell us about the population of all the country's college tuitions?

Listed below are the annual tuition amounts of the 10 most expensive colleges in a country for a recent year. What does this "Top 10" list tell us about the population of all of that country's college tuitions?
$52,768 $52,184 $52,768 $53,626 $50,815 O
$50,918 $52,471 $53,616 $52,874 $53,847
The mean of the data set is $
(Round to two decimal places as needed.)
The midrange of the data set is $.
(Round to two decimal places as needed.)
The median of the data set is $
(Round to two decimal places as needed.)
What is (are) the mode(s) of the data set?
Select the correct choice below and, if necessary, fill in the answer box within your choice.
O A. The mode(s) of the data set is (are) $.
(Use a comma to separate answers as needed. Round to two decimal places as needed.)
O B. There is no mode.
What does this "Top 10" list tell us about the population of all the country's college tuitions?
O A. All colleges have tuitions around the median.
O B. All colleges have tuitions around the mode.
O C. All colleges have tuitions around the mean.
O D. All colleges have tuitions around the midrange.
O E. Nothing meaningful can be concluded from this information except that these are the largest tuitions of colleges in the country for a recent year.

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.

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Inequality$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions