The minimum wage in the 13 states shown in the following table were in effect as of January 2016.†StateAKARCACTHIMDMAMINENYRIVTWVMinimumWage ($/hr)9.758.0010.009.608.508.7510.008.509.009.009.609.608.75Find the mean, median, and mode of the minimum wages in these 13 states. (If necessary, round your answers to two decimal places.)mean$ per hourmedian$ per hourmode$ per hour

From the provided information, Sample size (n) = 13 The data values are as follow: 9.75, 8.00,…

Answered: The minimum wage in the 13 states shown…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

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The minimum wage in the 13 states shown in the following table were in effect as of January 2016.†

State	AK	AR	CA	CT	HI	MD	MA	MI	NE	NY	RI	VT	WV
Minimum Wage ($/hr)	9.75	8.00	10.00	9.60	8.50	8.75	10.00	8.50	9.00	9.00	9.60	9.60	8.75

Find the mean, median, and mode of the minimum wages in these 13 states. (If necessary, round your answers to two decimal places.)

mean$ per hourmedian$ per hourmode$ per hour

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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