5. a) In a marathon, the median finishing time was 3:35:04 (three hours, 35 minutes, and...

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5. a) In a marathon, the median finishing time was 3:35:04 (three hours, 35 minutes, and four seconds). You finished in 3:34:10. Provide the interpretation and meaning of the median time, and discuss your time in relation to it. (12 marks) b) Use the following information to answer the next three questions: The value, in thousands of dollars. for houses on a block, are: 45; 47; 47.5; 51; 53.5; 125. i) Calculate the mean for this data. (3 marks) ii) Calculate the median for this data. (3 marks) iii) Which do you think better reflects the average value of the homes on this block and why? (7 marks) 5. a) In a marathon, the median finishing time was 3:35:04 (three hours, 35 minutes, and four seconds). You finished in 3:34:10. Provide the interpretation and meaning of the median time, and discuss your time in relation to it. (12 marks) b) Use the following information to answer the next three questions: The value, in thousands of dollars. for houses on a block, are: 45; 47; 47.5; 51; 53.5; 125. i) Calculate the mean for this data. (3 marks) ii) Calculate the median for this data. (3 marks) iii) Which do you think better reflects the average value of the homes on this block and why? (7 marks)

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a The median finishing time of 33504 in the marathon means that half of the participants finished be... View the full answer