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The price of some jewelry sets in a store are shown below:
Store Price
A $110,000
B $100,000
C $1,110,000
D $130,000
E $120,000
Based on the data, should the mean or the median be used to make an inference about the price of the jewelry sets in the store?
Mean, because it is in the center of the data
Median, because it is in the center of the data
Median, because there is an outlier that affects the mean
Mean, because there are no outliers that affect the mean
Bot GPT 3.5
answered1 month ago