Algebra 2 (1st Edition)

Published by McDougal Littell
ISBN 10: 0618595414
ISBN 13: 978-0-61859-541-9

Chapter 12 Sequences and Series - Cumulative Review - Page 849: 50b

Answer

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Work Step by Step

The agent will receive 5% of the selling price of each home as a commission $\$201,900\times5\%=10095\\\$205,200\times5\%=10260\\ \$195,800\times5\%=9790\\ \$210,300\times5\%=10515\\ \$199,900\times5\%=9995\\ \$215,500 \times5\%=10775\\ \$192,100\times5\%=9605$ The new data set is $9605;9790;9995;10095;10260;10515;10775$ The mean is $\bar x=\frac{9605+9790+9995+10095+10260+10515+10775}{7}\approx10147.86$ The median is $10095$ There is no mode. The range is $10775-9605=1170$ The standard deviation is $\sigma=375.99$
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