[60 pts] The following are minimum wages (in dollars) for a random sample of five states in the U.S. 12, 17, 12, 18, 17.25 Find the following sample statistics. Use appropriate notation. Mean Median Mode Variance

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Hello! My name is Chris and I’ll be helping you with this problem.

Date: 9/27/20  Time:  9:50 pm CST

Answer:  

Mean : 15.25

Median : 17

Mode : 12

Range : 6

Explanation:

Mean:  Add up all numbers and divide by the quantity

of numbers : 12 + 17 + 12 + 18 + 17.25 = 76.25 | 76.25 / 5 = 15.25

Median: All numbers in from least to greatest, the one in the middle of all the numbers is the median. 12, 12, 17, 17.25, 18

Mode: Mode is what number appears most often in the set. 12, 17, 12, 18, 17.25

Lastly, Range: Range is the difference

between the highest and lowest numbers in the set 18 - 12 = 6

I hope this helped answer your question! Have a great rest of your day!

Furthermore,  

Chris

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