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In Exercises, find the (a)mean, (b) median, | Ch 3.2 - 12BSC

Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola ISBN: 9780321836960 18

Solution for problem 12BSC Chapter 3.2

Elementary Statistics | 12th Edition

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Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola

Elementary Statistics | 12th Edition

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Problem 12BSC

In Exercises, find the (a)mean, (b) median, (c) mode, and (d) midrange for the given sample data. Express answers with the appropriate units of measurement. Then answer the given questions.

CEO Compensation Listed below are recent annual compensation amounts for these chief executive officers: Mulally (Ford), Jobs (Apple), Kent (Coca-Cola), Otellini (Intel), and McNerney (Boeing). The data are from the Associated Press. What is particularly notable about these compensation amounts?

Step-by-Step Solution:

Answer :

Step 1 of 1 :

Given CEO Compensation Listed below are recent annual compensation amounts for these chief executive officers: Mulally (Ford), Jobs (Apple), Kent (Coca-Cola), Otellini (Intel), and McNerney (Boeing).

The data are from the Associated Press.

$17,688,241 , $1 , $19,628,585 , $12,407,800 , $14,765,410

Now we have to find the (a)mean, (b) median, (c) mode, and

(d) midrange for the given sample data.

a).

Mean :

Mean is calculated by adding up all the number and dividing that sum by the total number of numbers.

The formula for Mean is

Here,

∑, represents the summation

X, represents compensation amounts

N, represents total number of compensation amounts.

Mean =

Mean =

Mean...

Step 2 of 3

Chapter 3.2, Problem 12BSC is Solved
Step 3 of 3

Textbook: Elementary Statistics
Edition: 12
Author: Mario F. Triola
ISBN: 9780321836960

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In Exercises, find the (a)mean, (b) median, | Ch 3.2 - 12BSC

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