Find the mean and median of the data set. If necessary, round your answer to the nearest cent. Suppose the average yearly prices for an ounce of gold during a 10-year period are as follows:
$279.90, $271.83, $310.52, $364.17, $410.51, $445.53, $604.25, $696.18, $872.75, $973.14
The mean is
The median is

the mean is because all the numbers added up are 5228.17 and then you divide by 10 because there is 10 numbers meaning that your mean is $522.89 the median is 425

Step-by-step explanation:

mean price - $522.88

median price - $427.50

Step-by-step explanation:

$271.83 + $279.90 + $310.52 + $364.17 + $410.51 + $445.53 + $604.25 + $696.18 + $872.75 + $973.14 = 5,228.78 / 10 = 522.88

$271.83, $279.90, $310.52, $364.17, $410.51, $445.53, $604.25, $696.18, $872.75, 973.14 - there are two in the middle so find the average of the two = 427.50.

I tried to do this quickly, so let me know if there are any errors.

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