# Finding mean and standard deviation

1. The following data are your company's annual health care premium increases over the last 10 years:

5

7

12

9

15

10

10

10

9

18

a. Find the Mean

b. Find the Location of the Median

c. Find the Median

d. Find the Range

e. Find the Midrange

f. Find the Mode

g. Find the Standard Variance

h. Find the Standard Deviation.

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#### Solution Preview

Please find the solution/explanation attached.

1. The following data are your company's annual health care premium increases over the last 10 years:

5

7

12

9

15

10

10

10

9

18

a. Find the Mean

Mean = (5 + 7 + 12 + 9 + 15 + 10 + 10 + 10 +9+ 18) = 105/10 = 10.5

b. Find the Location of the Median ...

#### Solution Summary

Step by step solution to the problem, finding the mean and standard deviation is provided.

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