The following data represent the annual costs in dollars, of a sample of 11 popular magazine subscriptions. 14.88 9.97 20.57 7.94 10.03 12.01 117.03 14.93 11.93 15.97 10.01. (a) Find the mean annual subscription cost. Round the answer to at least three decimal places. (b) Find the median annual subscription cost. Round the answer to at least two decimal places.

(a) The mean annual subscription cost is approximately **22.297** dollars.

(b) The median annual subscription cost is **12.01** dollars.

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Here are five related questions:
1. How would the mean change if an outlier was removed?
2. What is the mode of the subscription costs?
3. How can we calculate the range of the costs?
4. What is the variance and standard deviation of these subscription costs?
5. How would a new subscription cost impact the mean?

**Tip:** The median is often more resistant to outliers than the mean, making it a useful measure in skewed data sets.

The following data represent the annual costs in dollars, of a sample of 11 popular magazine subscriptions: 14.88, 9.97, 20.57, 7.94, 10.03, 12.01, 117.03, 14.93, 11.93, 15.97, 10.01. (a) Find the mean annual subscription cost. Round the answer to at least three decimal places. (b) Find the median annual subscription cost. Round the answer to at least two decimal places.

Discover how to find the mean and median of magazine subscription costs, with sample data including 11 values like 14.88, 9.97, and 117.03. The mean is approximately 22.297, and the median is 12.01, showing the impact of outliers. Learn key concepts in descriptive statistics, suitable for Grades 6-8.

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