Basic College Mathematics (9th Edition)

Published by Pearson
ISBN 10: 0321825535
ISBN 13: 978-0-32182-553-7

Chapter 10 - Statistics - 10.4 Mean, Median, and Mode - 10.4 Exercises: 17

Answer

$130,000

Work Step by Step

Total amount won: $25,000(5\times5000) + 100,000(10\times10,000) +175,000(7\times25,000) + 250,000(5\times50,000) + 1,200,000(12\times100,000) + 1,250,000(5\times250,000) + 2,500,000 (5\times500,000) + 1,000,000 (1\times1,000,000) = 6,500,000$ Total number of contestants: $5+10+7+5+12+5+5+1=50$ Mean: $6,500,000\div50=130,000$
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