In Exercises, find the (a)mean, (b) median,

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