Asked by Shani Montes Victorio on Apr 24, 2024

verifed

Verified

Marsha was shopping for a new dishwasher and researched the different models she could afford.Using Marsha's frequency distribution table,determine the median price for dishwashers. Marsha was shopping for a new dishwasher and researched the different models she could afford.Using Marsha's frequency distribution table,determine the median price for dishwashers.   ​ A)  $317.50 B)  $325.00 C)  $312.50 D)  $308.33

A) $317.50
B) $325.00
C) $312.50
D) $308.33

Median Price

The middle price in a set of prices of goods or assets, where half the prices are higher and half are lower.

Frequency Distribution

A statistical tool that shows how often each different value in a set of data occurs.

  • Determine the median price using a frequency distribution table.
verifed

Verified Answer

HR
Harry Roberts7 days ago
Final Answer :
C
Explanation :
To determine the median, we look for the middle value in the data. In this case, we have an even number of data points. The median is the average of the two middle values. So, we need to find the 25th and 26th values in the data, which correspond to the prices $310 and $315. The average of these two values is $312.50, which is the median price for dishwashers.