Question

find the (a) mean, (b) median, (c) mode, and (d) midrange for the data and then (e) answer the given questions
listed below are the highest amounts of net worth (in millions of dollars) of all celebrities. what do the results tell us about the population of all celebrities? based on the nature of
the amounts, what can be inferred about their precision?
240 190 185 170 165 165 155 155 155 155

a. find the mean.
the mean is $ million
(type an integer or a decimal rounded to one decimal place as needed.)

Explanation:

Step1: Calculate the sum of data

Sum = \(240 + 190+185 + 170+165+165+155+155+155+155\)

$$
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$$

Sum \(S=1735\)

Step2: Calculate the number of data points

Number of data points \(n = 10\)

Step3: Calculate the mean

Mean \(\bar{x}=\frac{S}{n}=\frac{1735}{10}=173.5\)

Answer:

\(173.5\)