Advertising ($billions) Advertising ($billions) Company Company Procter & Gamble Comcast $5.00 3.08 American Express General Motors Toyota Fiat Chrysler Walt Disney Company J.P Morgan $2.19 2.15 AT&T 2.91 2.09 Ford Verizon L'Oreal 2.56 2.44 2.34 1.97 1.96 1.88

College Algebra
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ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
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Which companies spend the most money on advertising? Business insider maintains a list of the top-spending companies. In 2014, Procter & gamble spent more than any other company, a whopping $5billion.In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and the amount each spent on advertising in billions of dollars are as follows.

a. What is the mean amount spent on advertising?

b. What is the median amount spent on advertising?

c.What are the first and third quartiles?

Advertising
($billions)
Advertising
($billions)
Company
Company
Procter & Gamble
Comcast
$5.00
3.08
American Express
General Motors
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
$2.19
2.15
AT&T
2.91
2.09
Ford
Verizon
L'Oreal
2.56
2.44
2.34
1.97
1.96
1.88
Transcribed Image Text:Advertising ($billions) Advertising ($billions) Company Company Procter & Gamble Comcast $5.00 3.08 American Express General Motors Toyota Fiat Chrysler Walt Disney Company J.P Morgan $2.19 2.15 AT&T 2.91 2.09 Ford Verizon L'Oreal 2.56 2.44 2.34 1.97 1.96 1.88
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