Question

On a certain day the average closing price of a group of stocks on the New York Stock Exchange is $35 (to the nearest dollar). If the median value is $33 and the mode is $21, is the distribution of these stock prices skewed? If so, how?

A local hotel offers ballroom dancing on Friday nights. A researcher observes the customers and estimates their ages. Discuss the scenes of the distribution of ages if the mean age is 51, the median age is 54, and the modal age is 59.

Answer 1

Answer:

mean = $35 median = $33 mode = $21