Math Problem Statement
Listed below are the annual tuition amounts of the 10 most expensive colleges in a country for a recent year. What does this "Top 10" list tell us about the population of all of that country's college tuitions?
$ 52 comma 872 $ 53 comma 915 $ 53 comma 638 $ 50 comma 773 $ 54 comma 256
$ 51 comma 136 $ 54 comma 032 $ 53 comma 590 $ 51 comma 136 $ 53 comma 352
Question content area bottom
Part 1
Find the mean, midrange, median, and mode of the data set.
The mean of the data set is $
enter your response here.
(Round to two decimal places as needed.)
Solution
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Math Problem Analysis
Mathematical Concepts
Descriptive Statistics
Measures of Central Tendency
Data Analysis
Formulas
Mean = (Sum of all data points) / (Number of data points)
Midrange = (Maximum value + Minimum value) / 2
Median = Middle value when data is ordered
Mode = Most frequent value in the data set
Theorems
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Suitable Grade Level
Grades 9-12
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