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The monthly rents for five apartments advertised in a newspaper were $650, $650, $750, $1650, and $850.the mean, median, and mode of the rents to answer the question. Which value best describes the monthlyrents?

The Monthly Rents For Five Apartments Advertised In A Newspaper Were 650 650 750 1650 And 850the Mean Median And Mode Of The Rents To Answer The Question Which class=

Sagot :

SOLUTION

Given the question in the image, the following are the solution steps to get the correct answer

Step 1: Write the monthly rents

[tex]\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}1650,\text{\$}850[/tex]

We need to calculate the mean, median and moce of these data to allow us choose the best answer

Step 2: Calculate the mean

a

[tex]\begin{gathered} \text{\$}650,\text{\$}650,\text{\$}750,\text{\$}1650,\text{\$}850 \\ \operatorname{mean}=\frac{sum\text{ of monthly rents}}{number\text{ of monthly rents}} \\ \operatorname{mean}=\frac{\text{\$}650+\text{\$}650+\text{\$}750+\text{\$}1650+\text{\$}850}{5}=\frac{4550}{5}=\text{\$}910 \end{gathered}[/tex]

Step 3: Calculate the median

The median is the central number of a data set. Arrange data points from smallest to largest and locate the central number.

[tex]\begin{gathered} By\text{ rearrangement},\text{ we have} \\ \text{\$}650,\text{\$}650,\text{\$}750,\text{\$}850,\text{\$}1650 \\ \operatorname{median}=\text{\$}750 \end{gathered}[/tex]

Step 4: Calculate the mode

The mode is the number in a data set that occurs most frequently.

[tex]\begin{gathered} \text{data}=\text{\$}650,\text{\$}650,\text{\$}750,\text{\$}850,\text{\$}1650 \\ \mod e=\text{\$}650 \end{gathered}[/tex]

Hence, the value that best describe the rents is mean because $910 is the average rent

Option A