O Level E Maths Tuition: Statistics Question

statistics-olevel-tuition-graph

Solution:

From the graph,

Median = 50th percentile = $22,000 (approximately)

The mean is lower than $22000 because from the graph, there is a large number of people with income less than $22000, and fewer with income more than $22000. (From the wording of the question, calculation does not seem necessary)

Hence, the median is higher.

The mean is a better measure of central tendency, as it is a better representative of the gross annual income of the people. This is because more people have an income closer to the mean, rather than the median.

About mathtuition88

http://mathtuition88.com
This entry was posted in e maths, maths tuition and tagged , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.