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is get for chips assumes that there The median uses the pesition rather than the specific If the extreme values of a data set change, the median usual This is why the median is often used as the average for housy doe sion costing several million dollars sells in a community of Prces homes, the median selling price for houses in the very lintle. if at all value of each Belleview College must make a report to the budget commitee about the average credit hour load a full-time student carries (A 12-credit hour load is the minimum requirement for full-time status For the same tuition students may take up to 20 credit hours.J A random sample of 40 students yielded the following information (in credit hours) GUIDED EXERCISE 1 | MEDIAN AND MODE 12 17 16 15 1412 12 13 171 15 17 12 1417 13 1618 20 13 12 19 12 16 12 18 12 18 14 16 17 15 19 1213 12 15 (a) Organize the data from smallest to largest num 12 12 12 12 12 12 12 13 13 13 13 14 14 14 14 15 15 15 15 15 16 16 16 16 17 17 17 17 17 18 18 18 19 19 20 20 ber of credit hours Since there are an odd even) number of values we add the two middle values and divide by 2 to get the median.What is the median credit hour load? There are an even number of entries. The two midde values are circled in part (a). 15 +15 Median = 15 The mode is 12. It is different from the median. Sne median is higher, the college will probably reportita indicate that the average being used is the medan What is the mode of this distribution? ls it different from the median? Interpretation If the budget committee is going to fund the college according to the average student credit hour load (more money for higher loads), which of these two averages do you think the college will report? (c)
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Answer #1

The real question (asked to be answered) are not identified. So I presume the set of 3 questions are the ones.

The answers provided in the book are already self-explanatory. Let me know if you need any clarification.

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