a. The mean, median and mode for this plot are 70.8, 70 and 60 respectively.
b. Mean best represents the data for this plot.
c. When there are outliers, the mean might be a deceptive center tendency measure.
Mean, Median, and Mode
Mean = Sum of prices / Total number of sunglasses
Mean = (20 + 20 + 50 + 50 + 50 + 60 + 60 + 60 + 60 + 60 + 60 + 70 + 70 + 70 + 80 + 80 + 80 + 80 + 90 + 90 + 90 + 90 + 100 + 100 + 130) / 25
Mean = 70.8
Median is equal to (n/2 + 1) when n is an odd number.
Here, the number of sunglasses is represented by n.
⇒ (25/2 + 1)th term is the median
Median = 13th term
Median = 70
Mode is the most frequent data from the plot.
⇒ Mode = 70
Mean Being the Best Central Measure
The mean is often the ideal measure of central tendency to use when your data distribution is continuous and symmetrical, such as when your data are normally distributed. So, mean here denotes the typical cost of the sunglasses.
Misleading Measure
When there are outliers, the data mean is significantly impacted. As a result, it may be inaccurate when examining the data's average price.
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