Math Problem Statement
Classes Refer to the incomplete grouped frequency below. Frequency, Cumulative Midpoint, fm fm2 (Price) f ($) 30.00 < 4 4 Frequency m 35.00 140 4900 40.00 40.00 < 11 15 45.00 495 22275 50.00 50.00 < A 43 135 55.00 1540 84700 60.00 60.00< 17 60 65.00 1105 71825 70.00 Σ 60 The estimated median is: O A. $52.16 O B. $58.20 O C. $48.95 OD. $55.36 1 73°F Sunny Esc 4× F1 OL 川 F2 F3 KO Ox F4 F5 F6
Solution
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Math Problem Analysis
Mathematical Concepts
Grouped Frequency Distribution
Median Calculation
Cumulative Frequency
Class Boundaries
Formulas
Median = L + [(N/2 - F) / f] * h
Cumulative Frequency Calculation: Sum of previous class frequencies
Theorems
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Suitable Grade Level
Grades 10-12
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