Question

Find the mean and median of the data set. If necessary, round your answer to the nearest cent.

Suppose the average yearly prices for an ounce of gold during a 10-year period are as follows:
$279.27, $271.20, $309.89, $363.54, $409.88, $444.90, $603.62, $695.55, $872.12, $972.51

The mean is-
The median is-

Answer 1

Answer: The median is 427.39

Answer 2

So the Mean of this data set would be $522.248, and the Median of this set would be $427.39. Hope this helps.