To find: Which measure of central tendency best represent the data justify your answer and then find the measure.
Answer to Problem 12PPS
The mode would best represent the data and the mode of the data is free beverages worth $1.
Explanation of Solution
Given information:
One code awarded the winner a $1 million prize, two codes awarded each winner a new car worth $20,000 and 50,000 codes awarded each winner a free beverage worth $1.
Calculation:
Since, majority of the winners by codes are awarded a free beverage worth $1, which is 50000 out of 50003 codes. Therefore, mode would best represent the data.
Also, mode is the number of data that occur most often. Therefore,
Hence,
The mode would best represent the data and the mode of the data is free beverages worth $1.
Chapter 12 Solutions
Algebra 1
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