Calculate the mean and median
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Calculate the mean and median

[From: ] [author: ] [Date: 12-01-01] [Hit: ]
Calculate the mean profit for these ten movies for the May 23-25 weekend. Calculate the median profit. Show your work (Dont use the calculator; show the calculations.B. Which of the two measures in part A best describes the center of the data? Explain.......
The top ten movies and their profits (in millions of dollars) from the weekend of May 23- 25, 1997 are presented here.
The Lost World: Jurassic Park $90.2
Father's Day $4.7
Addicted to Love 11.4
Liar Liar 3.0
The Fifth Element 8.0
Volcano 2.3
Austin Powers 5.6
Night Falls on Manhattan 2.1
Breakdown 5.4
Anaconda 1.73

A. Calculate the mean profit for these ten movies for the May 23-25 weekend. Calculate the median profit. Show your work (Don't use the calculator; show the calculations.)

B. Which of the two measures in part A best describes the center of the data? Explain.

-
A)
For mean, add the values up and divide by 10
B)
Median: put the values in increasing order; then calculate the average of the 5th and the 6th value.
center of data is best described by median since 50% are below it and 50% are above it.

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$90.2
11.4
8
5.6
5.4
4.7
3.0
2.3
2.1
1.73
----------
134.43

Mean 134.43/10 = 13.443

|Median has 5 entries above and five below so it is between 5.4 and 4.7 at 5.05


Median is the best since the profits are not normally distributed

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90.2+4.7+11.4+3+8+2.3+5.6+2.1+5.4+1.73= 134.43 / 10= 13.443 is the mean

anaconda-Night falls-Volcano-Liar Liar-fathers day- breakdown- austin powers- fith element- addicted to love

Fathers day is the median
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