Compare the mean to all the data values, statistics homework help

3. The amounts of money won by the top ten finishers in the recent Daytona 500 are listed below. Find the man and median winnings. Round to the nearest dollar. Which measure- the mean or the median- best represents the data? Explain.

$2,194,246 $464,084 $164,096 $199,209 $438,834

$613,659 $142,884 $240,731 $145,809 $290,596

If you compare the mean to all the data values, what do you observe? What about the median?

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Compare the mean to all the data values, statistics homework help

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