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The following data are the savings (in thousands of dollars) of five adults: 6, 9, 5, 1, and 13. a.

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The following data are the savings (in thousands of dollars) of five adults: 6, 9, 5, 1, and 13.
a. Find the mean savings.
b. Find the median savings.
c. Suppose that the adult who had $13 thousand in savings wins $800 thousand (after taxes) from the lottery. So, the adult’s new savings is $813 thousand. Find the mean savings of the five adults after the lottery win.
d. Find the median savings of the five adults after the lottery win.
e. Describe how much the outlier $813 thousand affected the mean and the median.

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a The mean savings is 6 8 thousand b The med…View the full answer


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A Pathway To Introductory Statistics

A Pathway To Introductory Statistics

ISBN: 9780134107172

1st Edition

Authors: Jay Lehmann

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Question Posted: December 31, 2015 02:11:38
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