e. What do the results tell us about the population of all celebrities? O A. The results tell us that all celebrities are expected to have amounts of net worth approximately equal to one of the measures center found in parts (a) through (d). O B. The results tell us that the most common celebrity net worth is the mode, but all other celebrities are expected to have net worths approximately equal to the mean, median, midrange. OC. Apart from the fact that all other celebrities have amounts of net worth lower than those given, the results in parts (a). (b), and (d) do not given meaningful results. However, the result from part (c) shows that the most common celebrity net worth is equal to the mode. O D. Apart from the fact that all other celebrities have amounts of net worth lower than those given, nothing meaningful can be known about the population. Based on the nature of the amounts, what can be inferred about their precision? O A. Since no information is given, nothing can be said about the precision of the given values. O B. The values all end in 0 or 5, so they appear to be rounded estimates. OC. Since celebrity information is public, these values can be assumed to be unrounded. O D. The values are all whole numbers, so they appear to be accurate the nearest whole number.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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e. What do the results tell us about the population of all celebrities?
A. The results tell us that all celebrities are expected to have amounts of net worth approximately equal to one of the measures of center found in parts (a) through (d).
B. The results tell us that the most common celebrity net worth is the mode, but all other celebrities are expected to have net worths approximately equal to the mean, median, or midrange.
C. Apart from the fact that all other celebrities have amounts of net worth lower than those given, the results in parts (a), (b), and (d) do not given meaningful results. However, the result from part (c) shows that the most common celebrity
net worth is equal to the mode.
D. Apart from the fact that all other celebrities have amounts of net worth lower than those given, nothing meaningful can be known about the population.
Based on the nature of the amounts, what can be inferred about their precision?
A. Since no information is given, nothing can be said about the precision of the given values.
B. The values all end in 0 or 5, so they appear to be rounded estimates.
C. Since celebrity information is public, these values can be assumed to be unrounded.
D. The values are all whole numbers, so they appear to be accurate to the nearest whole number.
Transcribed Image Text:e. What do the results tell us about the population of all celebrities? A. The results tell us that all celebrities are expected to have amounts of net worth approximately equal to one of the measures of center found in parts (a) through (d). B. The results tell us that the most common celebrity net worth is the mode, but all other celebrities are expected to have net worths approximately equal to the mean, median, or midrange. C. Apart from the fact that all other celebrities have amounts of net worth lower than those given, the results in parts (a), (b), and (d) do not given meaningful results. However, the result from part (c) shows that the most common celebrity net worth is equal to the mode. D. Apart from the fact that all other celebrities have amounts of net worth lower than those given, nothing meaningful can be known about the population. Based on the nature of the amounts, what can be inferred about their precision? A. Since no information is given, nothing can be said about the precision of the given values. B. The values all end in 0 or 5, so they appear to be rounded estimates. C. Since celebrity information is public, these values can be assumed to be unrounded. D. The values are all whole numbers, so they appear to be accurate to the nearest whole number.
Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions.
Listed below are the highest amounts of net worth (in millions of dollars) of all celebrities. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision?
240
200
185
175
165
165
145
145
145
145 O
a. Find the mean.
The mean is $ 171 million.
(Type an integer or a decimal rounded to one decimal place as needed.)
b. Find the median.
The median is $ 165 million.
(Type an integer or a decimal rounded to one decimal place as needed.)
c. Find the mode.
Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
A. The mode(s) is(are) $ 145 million.
(Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.)
B. There is no mode.
d. Find the midrange.
The midrange is $ 192.5 million.
(Type an integer or a decimal rounded to one decimal place as needed.)
Transcribed Image Text:Find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions. Listed below are the highest amounts of net worth (in millions of dollars) of all celebrities. What do the results tell us about the population of all celebrities? Based on the nature of the amounts, what can be inferred about their precision? 240 200 185 175 165 165 145 145 145 145 O a. Find the mean. The mean is $ 171 million. (Type an integer or a decimal rounded to one decimal place as needed.) b. Find the median. The median is $ 165 million. (Type an integer or a decimal rounded to one decimal place as needed.) c. Find the mode. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. A. The mode(s) is(are) $ 145 million. (Type an integer or a decimal. Do not round. Use a comma to separate answers as needed.) B. There is no mode. d. Find the midrange. The midrange is $ 192.5 million. (Type an integer or a decimal rounded to one decimal place as needed.)
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