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    Median net gain

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    12. In ten trips to Las Vegas, a person had the following net gains:

    $1492 $1439 $4136 $6111 $1963
    $2516 $6961 $7109 $6936 $4105

    Find the median net gain.

    a. $4752.94

    b. $4136

    c. $4277.20

    d. $4120.50

    e. None of these

    13. The following figures represent Jennifer's monthly charges (in dollars) for long distance telephone charges for the 12 months in 2002:

    9.20 10.96 14.87 10.52 16.76 15.82 14.65 9.40 13.41 18.79 14.30 12.63

    What was Jennifer's mean monthly telephone charge during 2002?

    14. For the data in problem 13 above, what is the standard deviation for the monthly charges?

    15. For the data in problem 13 above, during how many months of 2002 was the telephone charge less than the median monthly telephone charge?

    16. For the data in problem 13 above, what is the range of the monthly telephone charges?

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    Solution Preview

    12. In ten trips to Las Vegas, a person had the following net gains:

    $1492 $1439 $4136 $6111 $1963
    $2516 $6961 $7109 $6936 $4105

    Find the median net gain.

    a. $4752.94

    b. $4136

    c. ...

    Solution Summary

    This explains the steps to compute the median net gain

    $2.19

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