Mean, Median and Mode Calculations: Find the Mean Retirement Age
Not what you're looking for?
1. Last year, nine employees of an electronics company retired. Their ages at retirement are listed below. Find the mean retirement age, to the nearest year.
65 67 64 70 71 63 62 64 75
2. A store manager kept track of the number of newspapers sold each week over a seven-week period. The results are shown below.
36 30 201 152 278 242 230
Find the median number of newspapers sold.
3. Last year, nine employees of an electronics company retired. Their ages at retirement are listed below.
52 65 67 51 50 64 68 58 56 Find the Mode
4. The amount of time (in hours) that Sam studied for an exam on each of the last five days is given below. Find the mean study time.
2.7 8.2 8.7 2.4 4.6
5. The distances (in miles) driven in the past week by each of a company's sales representatives are listed below.
45 70 242 268 452 490
Find the median distance driven.
Purchase this Solution
Solution Summary
This solution provides detailed definitions, explanation and calculations for determining mean, median and mode in the relevant cases. This solution is 432 words.
Solution Preview
The mean is the average, or 'central' value, of a set of numbers. To calculate mean, just add up all the numbers and then divide that total by how many numbers there are.
The median is the middle number in a sorted list of numbers. To determine the median, place the numbers in order according to their value and find the number in the middle of the list.
The mode of a set of numbers is the number which appears most often in a set of numbers. For example, in (3, 6, 9, 6, 5, 9, 3, 6) the mode would be 6 because it occurs most ...
Education
- BA, Ashford University
- MBA, Ashford University
- Post-Master's Certificate, Northcentral University
- PhD (IP), Northcentral University
Recent Feedback
- "thank you so much that was very helpful!"
- "Thank You. I have a good understanding of the topic. I will also read the information that was provided."
- "Great thanks"
- "Thank u again!!!!!!!!!!!!!!!!!!"
- "Thank u!!!!!!!!!!!!!!"
Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.