Which companies spend the most money on advertising? A news website maintains a list of the top-spending companies. In 2014, Company A spent more than any other company, a whopping $5.20 billion. In second place was Company B, which spent $2.88 billion. The top 12 companies and the amount each spent on advertising in billions of dollars are as follows. Company Advertising ($ billions) Company Advertising ($ billions) A 5.20 G 2.29 B 2.88 H 2.45 C 2.41 I 2.29 D 2.46 J 2.07 E 2.84 K 1.86 F 2.44 L 1.88 (a) What is the mean amount (in billion dollars) spent on advertising? (Round your answer to two decimal places.) $  billion (b) What is the median amount (in billion dollars) spent on advertising? $  billion (c) What are the first and third quartiles (in billion dollars)? first quartile$  billionthird quartile$  billion

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter1: Expressions And Functions
Section1.5: Descriptive Modeling And Accuracy
Problem 5PPS
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Which companies spend the most money on advertising? A news website maintains a list of the top-spending companies. In 2014, Company A spent more than any other company, a whopping $5.20 billion. In second place was Company B, which spent $2.88 billion. The top 12 companies and the amount each spent on advertising in billions of dollars are as follows.
Company Advertising
($ billions)
Company Advertising
($ billions)
A 5.20 G 2.29
B 2.88 H 2.45
C 2.41 I 2.29
D 2.46 J 2.07
E 2.84 K 1.86
F 2.44 L 1.88
(a)
What is the mean amount (in billion dollars) spent on advertising? (Round your answer to two decimal places.)
$  billion
(b)
What is the median amount (in billion dollars) spent on advertising?
$  billion
(c)
What are the first and third quartiles (in billion dollars)?
first quartile$  billionthird quartile$  billion
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