The revenue (in millions of dollars) for a company from 2007 to 2016 is given in the following table. Team 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Value 5744 5707 5550 5645 5986 5995 5917 6116 6276 6446 (a) Find the mean and median for these data. (b) What year's revenue is closest to the mean? (a) The mean is $ million. (Type an integer or a decimal.) The median is $million. (Type an integer or a decimal.)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The revenue (in millions of dollars) for a company from 2007 to 2016 is given in the following table.
Team 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Value 5744 5707 5550 5645 5986 5995 5917 6116 6276 6446
(a) Find the mean and median for these data.
(b) What year's revenue is closest to the mean?
(a) The mean is $ million.
(Type an integer or a decimal.)
The median is $ million.
(Type an integer or a decimal.)
Transcribed Image Text:The revenue (in millions of dollars) for a company from 2007 to 2016 is given in the following table. Team 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Value 5744 5707 5550 5645 5986 5995 5917 6116 6276 6446 (a) Find the mean and median for these data. (b) What year's revenue is closest to the mean? (a) The mean is $ million. (Type an integer or a decimal.) The median is $ million. (Type an integer or a decimal.)
(b) The revenue in the year
is closest to the mean revenue.
Transcribed Image Text:(b) The revenue in the year is closest to the mean revenue.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman