Explanation Given information: The data of the costs of six cars purchased by the Weston Company is provided as: $ 18 , 270 ; $ 11 , 300 ; $ 16 , 400 ; $ 9 , 100 ; $ 12 , 450 ; $ 13 , 800 Formula used: The procedure to determine the median of the set of numbers is: 1. Arrange the numbers from smallest to largest. 2. For an even number of values, the median is the average of the two middle values. Calculation: Consider the provided data of costs of six cars purchased recently by Weston Company as: $ 18 , 270 ; $ 11 , 300 ; $ 16 , 400 ; $ 9 , 100 ; $ 12 , 450 ; $ 13 , 800 First arrange the cost of six cars in increasing order from smallest to largest

6th Edition

ISBN: 9780134179018

Author: Jamie Blair, John Tobey Jr., Jeffrey Slater, Jenny Crawford

Publisher: PEARSON

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Chapter 9.2, Problem 26E

To determine

To calculate: The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as:

$18,270;$11,300;$16,400;$9,100;$12,450;$13,800.

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Chapter 9.2, Problem 25E

Chapter 9.2, Problem 27E

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The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as: $ 18 , 270 ; $ 11 , 300 ; $ 16 , 400 ; $ 9 , 100 ; $ 12 , 450 ; $ 13 , 800 .

Solution Summary: The author calculates the median value of the costs of six cars purchased by the Weston Company as 13,125.

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To calculate: The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as:

$18,270;$11,300;$16,400;$9,100;$12,450;$13,800.

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Chapter 9 Solutions

The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as: $ 18 , 270 ; $ 11 , 300 ; $ 16 , 400 ; $ 9 , 100 ; $ 12 , 450 ; $ 13 , 800 .

Solution Summary: The author calculates the median value of the costs of six cars purchased by the Weston Company as 13,125.

Concept explainers

Videos

To calculate: The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as: $18,270;$11,300;$16,400;$9,100;$12,450;$13,800.

Want to see the full answer?

Chapter 9 Solutions

To calculate: The median value of the costs of the cars where the data of costs of six cars purchased recently by Weston Company as:

$18,270;$11,300;$16,400;$9,100;$12,450;$13,800.