Essentials of Business Analytics 1st Edition by Jeffrey Camm,James Cochran,Michael Fry,Jeffrey Ohlmann ,David Anderson

Exercise 27

Consider a sample with data values of 10, 20, 12, 17, and 16.
a. Compute the mean and median.
b. Consider a sample with data values 10, 20, 12, 17, 16, and 12. How would you expect the mean and median for these sample data to compare to the mean and median for part a (higher, lower, or the same) Compute the mean and median for the sample data 10, 20, 12, 17, 16, and 12.