Math Problem Statement

Calculate the mean and median for the following data: $475, $250, $300, $450, $275, $300, $6500, $400, $300. Round your answers to two decimal places, if necessary.

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Measures of Central Tendency

Formulas

Mean = (Sum of all values) / (Number of values)
Median = Middle value when data is ordered

Theorems

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Suitable Grade Level

Grades 6-8