subject
Business, 20.02.2020 20:03 kenziedil2637

The mean and the median are closely related concepts. The median is the numerical value separating the higher half of your data from the lower half. You can find the median by arranging all of the observations from lowest value to highest value and picking the middle value (assuming you have an odd number of observations). Although the mean and median are closely related, the difference between the mean and the median is sometimes of interest. Suppose country A has five families. Their incomes are $10 comma 00010,000, $20 comma 00020,000, $30 comma 00030,000, $41 comma 00041,000, and $49 comma 00049,000. Country A's median income is $ 3000030000, and its mean income is $ 3000030000.(Round your responses to the nearest dollar.) Suppose country B also has five families. Their incomes are $10 comma 00010,000,$20 comma 00020,000, $30 comma 00030,000, $41 comma 00041,000, and $149 comma 000149,000. Country B's median income is $ 3000030000, and its mean income is $ nothing. (Round your responses to the nearest dollar.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The owners of backstreets italian restaurant are considering starting a delivery service forpizza and their other italian dishes in the small college town where they are located. theycan purchase a used delivery van and have it painted with their name and logo for $21,500.they can hire part-time drivers who will work in the evenings from 5 p.m. to 10 p.m. for$8 per hour. the drivers are mostly college students who study at the restaurant when theyare not making deliveries. during the day, there are so few deliveries that the regular employeescan handle them. the owners estimate that the van will last 5 years (365 days per year)before it has to be replaced and that each delivery will cost about $1.35 in gas and othermaintenance costs (including tires, oil, scheduled service, they also estimate that onaverage each delivery order will cost $15 for direct labor and ingredients to prepare andpackage, and will generate $34 in revenue.a. how many delivery orders must backstreets make each month in order for the service to break even? b. the owners believe that if they have approximately the break-even number of deliveries during the week, they will at least double that number on fridays, saturdays, and sundays. if that’s the case, how much profit will they make, at a minimum, from their delivery service each month (4 weeks per month)?
Answers: 2
question
Business, 22.06.2019 10:50
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
question
Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
Answers: 1
question
Business, 22.06.2019 20:30
What talent or skill do u wish too develop for yourself
Answers: 1
You know the right answer?
The mean and the median are closely related concepts. The median is the numerical value separating t...
Questions
Questions on the website: 13722367