For Exercises 69–73, refer to Table 9, which lists the top five mass market paperback fiction books for the week of July 1, 2014, as reported by the New York Times.
Rank | Title | Author | Price |
---|---|---|---|
1 | A Game of Thrones | George R. R. Martin | $7.83 |
2 | Takedown Twenty | Janet Evanovich | $7.64 |
3 | Inferno | Dan Brown | $8.48 |
4 | A Dance with Dragons | George R. R. Martin | $6.71 |
5 | The 9th Girl | Tami Hoag | $8.47 |
69. Find the mean, median, and mode for the price of these five books on the best-seller list. Suppose a salesperson claimed that the price of a typical book on the best-seller list is less than $14. How would you use these statistics to respond to this claim?
3.1.69
$7.83, 7.83, no mode, A typical book on the best-sellers list would cost less than $14.00 since the mean and median are all less than $14.