# Jack wants to buy a pair of name-brand headphones on a popular auction website. He enters the brand, make, and model number and searches the site for what is available. He notices that some headphones are being offered as buy now with a fixed price and others are up for bid in auctions. Below is a list of all prices

Chapter 1, Application 1.6 #1

Jack wants to buy a pair of name-brand headphones on a popular auction website. He enters the brand, make, and model number and searches the site for what is available. He notices that some headphones are being offered as “buy now” with a fixed price and others are up for bid in auctions. Below is a list of all prices at the time he did his search.

a. Construct a frequency distribution for the data.

b. Use the frequency distribution to determine the mean. Round your answer to the nearest cent.

c. Use the frequency distribution to determine the median and the mode.

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**Related Book For**

## Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790