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eric is comparing the credit scores of his friends. the scores he gathe…

Question

eric is comparing the credit scores of his friends. the scores he gathered are found in the table below.

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$$\begin{tabular}{|c|c|c|c|c|c|c|c|c|} \\hline 588 & 838 & 691 & 818 & 846 & 725 & 605 & 732 & 750 \\\\ \\hline \\end{tabular}$$

among this batch of credit scores, find whether the mean or the median is higher, and how much higher it is. (round to the nearest whole point, if applicable.)
a. the mean is 113 points higher than the median.
b. the mean is 1 point higher than the median.
c. the median is 15 points higher than the mean.
d. the median is 8 points higher than the mean.

Explanation:

Calculate the mean credit score

Using the Mean Credit Score knowledge point

$$ LATEXBLOCK0 $$

Calculate the median credit score

Using the Median Credit Score knowledge point

$$ LATEXBLOCK1 $$

Compare the mean and median

Using the Mean Credit Score and Median Credit Score knowledge points

$$ LATEXBLOCK2 $$

Answer:

  • (a) The mean is 113 points higher than the median.
  • (b) The mean is 1 point higher than the median. (Correct answer)
  • (c) The median is 15 points higher than the mean.
  • (d) The median is 8 points higher than the mean.